BERWICK UPON TWEED CORPORATION (FREEMEN) TRUSTEES
Financial health, per its FY2025 accounts
The accounts state that the charity holds total funds of £30,562,851, all of which are endowment funds, with no restricted funds remaining at the year-end as surpluses are paid out to beneficiaries. The charity reports a net movement in funds of £587,223, derived from investment gains, while total income and expenditure for the year were both £783,156, resulting in a net surplus before investment gains of £nil. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“There are no restricted funds at the financial year end as all surpluses are paid out to beneficiaries.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- MICHAEL W HERRIOTTchair
- ARTHUR WILLIAM HERRIOTT
- CAPTAIN JAMES EVANS
- Councillor Philip John Rowe
- Councillor Rosemary Mackenzie
- Councillor Thomas Leslie Stewart
- DAVID BORTHWICK PATTERSON HERRIOTT
- DAVID FAIRNELL
- Laura Hawken
- Michael William Greener
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £783k | £783k |
| 31/03/2024 | £807k | £807k |
| 31/03/2023 | £698k | £698k |
| 31/03/2022 | £635k | £635k |
| 31/03/2021 | £650k | £650k |
Common questions
Is BERWICK UPON TWEED CORPORATION (FREEMEN) TRUSTEES financially healthy?
The accounts state that the charity holds total funds of £30,562,851, all of which are endowment funds, with no restricted funds remaining at the year-end as surpluses are paid out to beneficiaries. The charity reports a net movement in funds of £587,223, derived from investment gains, while total income and expenditure for the year were both £783,156, resulting in a net surplus before investment gains of £nil. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Kinnair Associates Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE STORZ CHARITABLE TRUST | 1 | £9k |
| THE ESFANDI CHARITABLE FOUNDATION | 1 | £0 |