THE PANACEA CHARITABLE TRUST
A grant-making trust operating in the following fields: i. supporting research into and disseminating information to the public about specific aspects of the Christian Religion, ii. supporting the relief of poverty and sickness in the Bedford area through the work of recognised local health and social care related organisations.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £44,881,276, which is significantly higher than its stated policy aim to distribute up to 100% of net income after expenses. Per the trustees' report, the charity relies on investment income to support its work and has sufficient funds to cover years where expenditure exceeds income, with no material uncertainties regarding going concern.
What the accounts disclose
“There was 1 employee whose emoluments amounted to more than £60,000 in the year (2023: none).” — page 22
“There was 1 employee whose emoluments amounted to more than £60,000 in the year (2023: none).” — page 22
“The trustees continue to keep the charity’s reserves policy under review, and aim to distribute up to 100% of net income after all expenses and investment allocations for the current year and thereafter.”
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- CHARLES NICHOLAS MONSELLchair
- Dr Ian Beavis
- Dr PHILIP LOCKLEY
- Evan Jones
- Sally Johnson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.1m | £1.1m |
| 31/12/2024 | £1.1m | £1.5m |
| 31/12/2023 | £894k | £858k |
| 31/12/2022 | £784k | £768k |
| 31/12/2021 | £684k | £718k |
Common questions
Is THE PANACEA CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £44,881,276, which is significantly higher than its stated policy aim to distribute up to 100% of net income after expenses. Per the trustees' report, the charity relies on investment income to support its work and has sufficient funds to cover years where expenditure exceeds income, with no material uncertainties regarding going concern. Its FY2024 accounts were audited by Collett Hulance Accountants Limited.
What does the highest-paid employee of THE PANACEA CHARITABLE TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the more than £60,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONWIDE FOUNDATION | 1 | £1.9m |
| TRUST FOR LONDON | 1 | £124k |
| THE WESTMINSTER FOUNDATION | 1 | £94k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £50k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £50k |
| WESTMINSTER AMALGAMATED CHARITY | 1 | £34k |
| THE A B CHARITABLE TRUST | 1 | £22k |
| THE MATT. 6.3 CHARITABLE TRUST | 1 | £15k |
Charities like this
- THE CHARIS TRUST
- THE LOSELEY CHRISTIAN TRUST
- THE P27 TRUST
- THE CROSS TRUST
- THE ZACCHAEUS 2000 TRUST
- THE CHRISTIAN CENTRE (HUMBERSIDE) LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PANACEA CHARITABLE TRUST | £1.1m | more than £60,000 | 1 | above | — | no doubt |
| THE CHARIS TRUST | £591k | — | 0 | unclear | — | no doubt |
| THE LOSELEY CHRISTIAN TRUST | £1.4m | — | 0 | unclear | — | no doubt |
| THE P27 TRUST | £963k | — | 0 | unclear | — | no doubt |
| THE CROSS TRUST | £707k | — | 0 | unclear | — | no doubt |
| THE ZACCHAEUS 2000 TRUST | £956k | £70,001 - £80,000 | 1 | within | — | no doubt |