PILKINGTON CHARITIES FUND
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income deficit of £28,028,542 for the year ended 30 June 2025, primarily driven by charitable expenditure exceeding investment income. Per the trustees' report, the unrestricted fund balance decreased significantly from £27,934,039 to £10,826, as the trustees executed a Deed of Gift gifting the entire value of the fund to the Community Foundation for Lancashire and Merseyside. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees do not consider the underlying capital to be reserves since it forms the sole source of income for the Trust. It is not the intention of the Trustees to build up or maintain income reserves” — page 5
Structured financials (annual return, FY ending 30/06/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £645k | £28.7m |
| 30/06/2024 | £683k | £869k |
| 30/06/2023 | £597k | £751k |
| 30/06/2022 | £600k | £874k |
| 30/06/2021 | £487k | £418k |
Common questions
Is PILKINGTON CHARITIES FUND financially healthy?
The accounts state that the charity reported a net income deficit of £28,028,542 for the year ended 30 June 2025, primarily driven by charitable expenditure exceeding investment income. Per the trustees' report, the unrestricted fund balance decreased significantly from £27,934,039 to £10,826, as the trustees executed a Deed of Gift gifting the entire value of the fund to the Community Foundation for Lancashire and Merseyside. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £304k |
| DILLHAVEN LIMITED | 1 | £131k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £119k |
| THE EMMES FOUNDATION | 1 | £45k |
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |
| KTRUST LIMITED | 1 | £17k |
| GLENMATE LIMITED | 1 | £12k |