THE OLD BROAD STREET CHARITY TRUST

Registered charity 231382 · accounts filings on the Charity Commission register · also known as OLD BROAD STREET CHARITY TRUST

The trustees have resolved to concentrate their objects on awarding scholarships to individuals who successfully apply to study at INSEAD Business School. Scholarships will be awarded principally to British citizens who on application are working in a UK bank or financial institution, and who, in the view of the Scholarship Committee will strive to attain the highest level of executive management.

Causes: Education/training · Get email alerts

Latest income
£47k
Latest spending
£127k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £1,661,124, which is above the Trustees' policy target of depleting the fund to around £1m. The Trustees confirm that forecast income and reserves are sufficient to cover budgeted expenditure, indicating no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income
“Investment income for the year of £47,379 (2024 - £48,642) is broadly in line with the previous year.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: around the £1m level (held: £1.7m)
“The Trustees have adopted a policy of gradually depleting the value of the trust fund to around the £1m level” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland

Income and spending

Financial year endIncomeSpending
31/03/2025£47k£127k
31/03/2024£49k£119k
31/03/2023£49k£106k
31/03/2022£50k£78k
31/03/2021£54k£65k

Common questions

Is THE OLD BROAD STREET CHARITY TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,661,124, which is above the Trustees' policy target of depleting the fund to around £1m. The Trustees confirm that forecast income and reserves are sufficient to cover budgeted expenditure, indicating no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.