ST ALBANS OLD PEOPLE'S TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds decreased by £231,571 to £5,953,586 due to investment losses, though unrestricted reserves remain substantial at £3,482,012. The Trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Per the trustees' report, the charity does not fundraise and relies on the stewardship of its investments to meet its charitable objectives.
What the accounts disclose
“The Trust reviews its level of unrestricted reserves annually and retains sufficient reserves to fund its charitable activities over the long term and at a minimum level equivalent to twelve months running costs.” — page 9
“Three Trustees were reimbursed a total of £708 in the year, for expenditure incurred on behalf of the charity (2024: £18). There were no other related party transactions in the year (2024: £434). Prior year transactions related to expenses incurred by Mike Gray (husband of Sudabe Gray: Trustee) incurred on behalf of the trust.” — page 20
Register events
- Received assets from another charity (11/12/2025)
Trustees
- Ian Robert Johnsonchair
- ARIANRHOD PAZZI-AXWORTHY
- Aisha Zana Morley
- Dr SHONA LOUISE HYDE
- NICHOLAS FRANK HILL
- Stella Joanne Wilkinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £195k | £273k |
| 31/03/2024 | £196k | £287k |
| 31/03/2023 | £203k | £332k |
| 31/03/2022 | £151k | £335k |
| 31/03/2021 | £182k | £255k |
Common questions
Is ST ALBANS OLD PEOPLE'S TRUST financially healthy?
The accounts state that total funds decreased by £231,571 to £5,953,586 due to investment losses, though unrestricted reserves remain substantial at £3,482,012. The Trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Per the trustees' report, the charity does not fundraise and relies on the stewardship of its investments to meet its charitable objectives. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE 3 TS CHARITABLE TRUST | 1 | £10k |
| THE BATCHWORTH TRUST | 1 | £5k |
| FARRER AND CO CHARITABLE TRUST | 1 | £4k |