SPEARS-STUTZ CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £7,636,804 to £7,414,481 due to a net loss of £222,323, driven by investment management costs and charitable donations exceeding investment income. The Trustees maintain that the current reserve level is necessary to safeguard continued operations, citing reliance on investment income which is dependent on significant investment levels. The charity's reserves policy targets maintaining liquid assets equivalent to three to six months of expenditure, a level the Trustees consider has been maintained.
What the accounts disclose
“It is the policy of the Trust that liquid assets should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Structured financials (annual return, FY ending 05/04/2021)
Trustees
- Caroline Helen Cooper
- Emily Stutz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £126k | £130k |
| 05/04/2024 | £147k | £73k |
| 05/04/2023 | £151k | £159k |
| 05/04/2022 | £124k | £184k |
| 05/04/2021 | £634k | £67k |
Common questions
Is SPEARS-STUTZ CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves decreased from £7,636,804 to £7,414,481 due to a net loss of £222,323, driven by investment management costs and charitable donations exceeding investment income. The Trustees maintain that the current reserve level is necessary to safeguard continued operations, citing reliance on investment income which is dependent on significant investment levels. The charity's reserves policy targets maintaining liquid assets equivalent to three to six months of expenditure, a level the Trustees consider has been maintained. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PARKLAKE CHARITY TRUST | 1 | £2k |