MR HERBERT MILLER'S SETTLEMENT TRUST
Income payable to The Society for the Propagation of Gospel
Financial health, per its FY2025 accounts
The accounts state that free reserves were £12,598 at the end of the reporting period, with unrestricted income of £60,741 and total receipts of £1557,359. The trustees pursue a policy of maintaining free reserves to cover future needs and contingencies. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Ltd was paid £13,027 for trust administration and cash management charges during the year under review. These fees are authorised under clause 5 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 22/04/2025 | £73k | £84k |
| 22/04/2024 | £66k | £81k |
| 22/04/2023 | £45k | £50k |
| 22/04/2022 | £45k | £48k |
| 22/04/2021 | £35k | £35k |
Common questions
Is MR HERBERT MILLER'S SETTLEMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves were £12,598 at the end of the reporting period, with unrestricted income of £60,741 and total receipts of £1557,359. The trustees pursue a policy of maintaining free reserves to cover future needs and contingencies. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.