FRANCIS C SCOTT CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were negative at £944,372 as of 31 December 2024, a deterioration from the previous year's deficit of £851,735. This negative balance arises from the inclusion of future grant commitments that are not yet due for payment, rather than a lack of liquid assets, as the investment portfolio value stood at £40,203,449. The trustees consider the investment strategy robust and have adopted the going concern basis without material uncertainty.
What the accounts disclose
“£70,000 - £79,999 1 0” — page 29
“The Trustees are satisfied that this is a sensible approach in relation to annual investment income and that their investment strategy is sufficiently robust to obviate the need for a designated reserve fund.” — page 15
“An annual donation of £5,200 was made to the Liverpool Charity and Voluntary Services to be spent on charitable causes at the Chair's discretion.” — page 30
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Stephen Curlchair
- Alexander Scott
- Annalee Holliday
- Barbara Marion Stephens OBE
- Christine Knipe
- Elizabeth Sophie Schofield Steinhart
- Ian Johnson
- Laura Moss
- MADELEINE MARY SCOTT
- MELANIE MELROSE WOTHERSPOON
- Richard Ogden MBE
- Sarah Dunning OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £877k | £2.0m |
| 31/12/2023 | £558k | £1.5m |
| 31/12/2022 | £454k | £1.6m |
| 31/12/2021 | £455k | £1.6m |
| 31/12/2020 | £577k | £1.4m |
Common questions
Is FRANCIS C SCOTT CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves were negative at £944,372 as of 31 December 2024, a deterioration from the previous year's deficit of £851,735. This negative balance arises from the inclusion of future grant commitments that are not yet due for payment, rather than a lack of liquid assets, as the investment portfolio value stood at £40,203,449. The trustees consider the investment strategy robust and have adopted the going concern basis without material uncertainty. Its FY2024 accounts were audited by Dodd & Co Audit Limited.
What does the highest-paid employee of FRANCIS C SCOTT CHARITABLE TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,000 - £79,999 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |