PRUDENTIAL STAFF CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted free reserves of £9,003,885, which the Supervisory Board considers sufficient to meet future needs without realizing capital investments. The trustees have assessed the going concern basis and concluded there are no material uncertainties regarding the trust's ability to continue operations for at least 12 months. Administrative expenses are fully borne by the holding trustee, meaning the trust has no liability for these costs.
What the accounts disclose
“The holding trustee received no remuneration or expenses for the year (2024: £Nil) and bore all of the Trust’s administrative expenses, including the costs of the Supervisory Board, without recharge to the Trust. The Trust has no employees (2024: Nil) and no payments were made to Trustees. The audit fees of £47,491 (2024: £45,446) are paid for by The Prudential Assurance Company Limited and are shown as a donation in the Statement of Financial Activities. M&G Investment Management Limited provide strategic investment advisory services. The sum of £1 is due as good and valuable consideration for the provision of services under the Agreement, as no payment is made for this amount, it is treated as a donation in the Statement of Financial Activities.” — page 17
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- THE PRUDENTIAL ASSURANCE COMPANY LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.2m | £569k |
| 31/12/2024 | £1.3m | £605k |
| 31/12/2023 | £1.1m | £625k |
| 31/12/2022 | £2.1m | £785k |
| 31/12/2021 | £870k | £750k |
Common questions
Is PRUDENTIAL STAFF CHARITABLE TRUST financially healthy?
The accounts state that the charity holds unrestricted free reserves of £9,003,885, which the Supervisory Board considers sufficient to meet future needs without realizing capital investments. The trustees have assessed the going concern basis and concluded there are no material uncertainties regarding the trust's ability to continue operations for at least 12 months. Administrative expenses are fully borne by the holding trustee, meaning the trust has no liability for these costs. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.