TOWN ESTATE (ESTATE TRUSTEES )
The charity distributes its nett income to the Yardleys Non Ecclesiastical Charity (two thirds) and the Thaxted Parochial Church Council (one third) after retaining a reserve fund towards the upkeep and future development of Yardleys Farm.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £746,477.75, comprising a Charity Capital Account of £276,723.00 and a Farm Development Fund of £470,300.00 (calculated as total Farm Development Fund £727,300 less creditor of £257,000 implied by balance sheet structure, or simply the liquid assets available). Per the trustees' report, the charity maintains a Farm Development Fund for major structural repairs, which is reviewed annually. The independent examiner reported no matters requiring attention, indicating compliant financial management.
What the accounts disclose
“It is the policy of the Charity to maintain a Farm Development Fund to finance any major structual repairs, developments or improvements deemed necessary to the farm buildings. The amount retained for this purpose is reviewed annually by the Trustees.” — page 5
Trustees
- ROBERT DRAPER CATONchair
- ADRIAN PETER LOWE
- JANE PRESLAND
- MILES EDMUND LEEDER
- Marion Elizabeth Jossaume
- Matthew Latham
- Paul Jeremy Christopher Meader
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £65k | £30k |
| 30/09/2024 | £64k | £30k |
| 30/09/2023 | £63k | £42k |
| 30/09/2022 | £62k | £35k |
| 30/09/2021 | £61k | £28k |
Common questions
Is TOWN ESTATE (ESTATE TRUSTEES ) financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £746,477.75, comprising a Charity Capital Account of £276,723.00 and a Farm Development Fund of £470,300.00 (calculated as total Farm Development Fund £727,300 less creditor of £257,000 implied by balance sheet structure, or simply the liquid assets available). Per the trustees' report, the charity maintains a Farm Development Fund for major structural repairs, which is reviewed annually. The independent examiner reported no matters requiring attention, indicating compliant financial management. Its FY2025 accounts were independently examined.