SIR JEREMIAH COLMAN GIFT TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £194,075, which the trustees consider sufficient to maintain grant levels during periods of income volatility or capital loss. The charity reported a net deficit of £68,511 for the year, driven by investment losses, though total assets remained substantial at £9.15 million. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees consider that this level of reserves will ensure that, in the event of a significant drop in income, or unrealised capital losses on Invested funds, or costs of generating funds, grants will continue at a similar level until capital and income generation improves, or consideration can be given to other ways in which additional funds may be raised.” — page 5
“Mrs V R Persson received a salary of £5,460 (2024 - £5,304) as the charity bookkeeper. Mrs Persson is the daughter of Lady Colman who is a trustee of the charity.” — page 30
Trustees
- JEREMIAH MICHAEL COLMANchair
- CAMILLA ADENEY
- LADY JUDITH COLMAN
- Louisa Mulvaney
- SUE COLMAN
- Thomas Colman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 04/04/2025 | £223k | £163k |
| 04/04/2024 | £218k | £227k |
| 04/04/2023 | £229k | £193k |
| 04/04/2022 | £203k | £228k |
| 04/04/2021 | £181k | £220k |
Common questions
Is SIR JEREMIAH COLMAN GIFT TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £194,075, which the trustees consider sufficient to maintain grant levels during periods of income volatility or capital loss. The charity reported a net deficit of £68,511 for the year, driven by investment losses, though total assets remained substantial at £9.15 million. The trustees confirmed 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 |
|---|---|---|
| SABENO LIMITED | 2 | £49k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £1.3m |
| DELAPAGE LIMITED | 1 | £934k |
| SF FOUNDATION | 1 | £445k |
| AMABRILL LTD | 1 | £241k |
| REIFER MEMORIAL LIMITED | 1 | £135k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £105k |
| OLLINGHAM LIMITED | 1 | £100k |