THE TRIANGLE TRUST 1949 FUND
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £875,083 for the year, resulting in a decrease in total reserves from £23,860,443 to £23,187,059. The unrestricted reserves stood at £331,518, with the majority of assets held in an expendable endowment fund valued at £22,855,541. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“A balance approximately equivalent to at least six months’ forecast expenditure is held as a cash deposit in the bank account with the Charities Aid Foundation Bank and as cash with our Investment Managers.” — page 12
“Reimbursed trustee travel expenses paid to nine trustees totalled £5,695 (2024 £1,902: 5 trustees). No insurance limiting trustees' liabilities was purchased during the year (2024: nil).” — page 29
“Details of trustee expenses are disclosed in note 6. There were no other transactions involving related parties.” — page 35
“Reimbursed trustee travel expenses paid to nine trustees totalled £5,695 (2024 £1,902: 5 trustees). No insurance limiting trustees' liabilities was purchased during the year (2024: nil).” — page 29
“Details of trustee expenses are disclosed in note 6. There were no other transactions involving related parties.” — page 35
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alison Elizabeth Hopechair
- Caitlin Cheong Hang Tao
- Clio Carpenter
- David Loudon
- Doreen Foster
- Dr Lauren Rebecca Smith
- Hindpal Singh Bhui
- James MARSHALL
- KAREN DRURY
- Rhia Canady
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £846k | £1.3m |
| 31/03/2024 | £726k | £1.2m |
| 31/03/2023 | £702k | £949k |
| 31/03/2022 | £701k | £650k |
| 31/03/2021 | £741k | £865k |
Common questions
Is THE TRIANGLE TRUST 1949 FUND financially healthy?
The accounts state that the charity reported a net expenditure of £875,083 for the year, resulting in a decrease in total reserves from £23,860,443 to £23,187,059. The unrestricted reserves stood at £331,518, with the majority of assets held in an expendable endowment fund valued at £22,855,541. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Begbies.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HELPING FOUNDATION | 1 | £307k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| PARKLAKE CHARITY TRUST | 1 | £2k |