DELVES CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the Trust incurred an overall deficit of £713,744 for the year, primarily driven by a £562,096 decrease in the value of investments. Despite this loss, the Trust holds total unrestricted funds of £10,080,654, comprising a designated Investment fund of £10,059,739 and a general fund of £20,915. The Trustees confirm that sufficient reserves are held and have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees’ policy is to maintain free reserves of £20,000.” — page 6
Trustees
- WILLIAM BREEZEchair
- Dr CHARLES BREEZE
- Dr ELIZABETH BREEZE
- GEORGE BREEZE
- JOHN BREEZE
- MARK BREEZE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £222k | £374k |
| 05/04/2024 | £228k | £344k |
| 05/04/2023 | £207k | £301k |
| 05/04/2022 | £228k | £298k |
| 05/04/2021 | £252k | £195k |
Common questions
Is DELVES CHARITABLE TRUST financially healthy?
The accounts state that the Trust incurred an overall deficit of £713,744 for the year, primarily driven by a £562,096 decrease in the value of investments. Despite this loss, the Trust holds total unrestricted funds of £10,080,654, comprising a designated Investment fund of £10,059,739 and a general fund of £20,915. The Trustees confirm that sufficient reserves are held and have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Warner Wilde Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |