POOR'SLAND TRUST
The trustees continued to invest in their land and buildings to ensure they are maintained in good condition. Support to people in the community whom they consider to be needy as well as supporting local organisations for community or education purposes has continued The trustees operate their work units for the twin benifits of providing local employment and producing income for the trust.
Objects
THE OBJECTS OF THE CHARITY ARE:(1) TO PROMOTE THE EDUCATION OF PERSONS WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND ARE RESIDENT IN THE AREA OF BENEFIT.(2) THE RELIEF OF PERSONS RESIDENT IN THE AREA OF BENEFIT WHO ARE IN NEED, HARDSHIP OR DISTRESS BY: (A) MAKING GRANTS OF MONEY TO THEM; OR (B) PROVIDING OR PAYING FOR GOODS, SERVICES OR FACILITIES FOR THEM; OR (C) MAKING GRANTS OF MONEY TO OTHER PERSONS OR BODIES WHO PROVIDE GOODS, SERVICES OR FACILITIES TO THOSE IN NEED.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income surplus of £10,851 for the year ended 31 December 2024, driven by investment income of £38,115 against total expenditure of £27,264. The trustees report unrestricted and undesignated reserves of £70,139, which they hold in accordance with a policy to maintain at least twelve months of operating costs. The filing confirms there is no discernible doubt about the charity's ability to continue operating on a going concern basis for at least twelve months.
What the accounts disclose
“The charity's main income source is from rents received, which amounted to £25,619. This along with other investment income of £12,452 and countryside stewardship of £44 provided total investment income of £38,115.” — page 4
“Their policy is to hold sufficient funds to meet at least twelve months operating costs as well as to accumulate reserves for future expenditure on local facilities in accordance with the aims and objectives of the charity.”
“£150 was gifted to Mrs Brenda Harrison as a thank you for completing the annual bookkeeping for the charity. She is the spouse of Trustee Mr John Harrison and the gift was agreed by Trustees at a meeting of Trustees.” — page 14
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- HECTOR HARVEY ROBINSONchair
- ANDREW RALPH RIGBY
- Gillian Elizabeth Musson
- Helen Joyce Bury
- JOHN ERNEST HARRISON
- James Allan Carr
- Janet Mary Haigh
- NEIL MALCOM BREAKS
- Robert John Spencer
- THOMAS WILLIAM WELLS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £38k | £27k |
| 31/12/2023 | £31k | £32k |
| 31/12/2022 | £26k | £17k |
| 31/12/2021 | £26k | £17k |
| 31/12/2020 | £20k | £20k |
Common questions
Is POOR'SLAND TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income surplus of £10,851 for the year ended 31 December 2024, driven by investment income of £38,115 against total expenditure of £27,264. The trustees report unrestricted and undesignated reserves of £70,139, which they hold in accordance with a policy to maintain at least twelve months of operating costs. The filing confirms there is no discernible doubt about the charity's ability to continue operating on a going concern basis for at least twelve months. Its FY2024 accounts were independently examined.