MR HERBERT MILLER'S SETTLEMENT TRUST
Income payable to The Society for the Propagation of Gospel
Objects
INCOME TO BE PAID TO THE SOCIETY FOR THE PROPOGATION OF THE GOSPEL IN FOREIGN PARTS.
Financial health, per its FY2026 accounts
The accounts state that the charity held free unrestricted reserves of £29 at the year end, which is significantly below its stated policy of maintaining a free reserve to cover future needs and contingencies. Total incoming resources were £26,305, while total grants awarded and other payments exceeded this amount, indicating that spending was funded by transfers from expendable endowment funds and existing cash balances.
What the accounts disclose
“Total incoming resources for the year were £26,305 (2025: £60,741), comprising investment income and bank interest.”
“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 Limited was paid £8,921 (2025: £13,027) for trust administration and cash management fees during the year under review. These fees are authorised under clause 5 of the trust deed.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 22/04/2026
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 22/04/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 22/04/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 22/04/2026 | £36k | £54k |
| 22/04/2025 | £73k | £84k |
| 22/04/2024 | £66k | £81k |
| 22/04/2023 | £45k | £50k |
| 22/04/2022 | £45k | £48k |
Common questions
Is MR HERBERT MILLER'S SETTLEMENT TRUST financially healthy?
Per its FY2026 accounts: The accounts state that the charity held free unrestricted reserves of £29 at the year end, which is significantly below its stated policy of maintaining a free reserve to cover future needs and contingencies. Total incoming resources were £26,305, while total grants awarded and other payments exceeded this amount, indicating that spending was funded by transfers from expendable endowment funds and existing cash balances. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RELAY TRUST | 1 | £3.6m |
| FIRSTFRUITS GOSPEL FOUNDATION | 1 | £133k |
| THE ROCK FOUNDATION | 1 | £91k |
| THE CHARIS TRUST | 1 | £67k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, SEVENOAKS | 1 | £32k |
| THE STUART HINE TRUST CIO | 1 | £13k |
| RADSTOCK TRUST CIO | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS | 1 | £8k |
Charities like this
- MR HERBERT MILLER'S CHARITABLE WILL TRUST
- THE G D HERBERT CHARITABLE TRUST
- INTERNATIONAL GOSPEL OF TRUTH CHURCH
- MISS PATRICIA ANN HERBERTS CHARITABLE TRUST
- THE PROCLAMATION TRUST
- THE TRUST FOR THE PRESERVATION OF JEWISH CEMETERIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MR HERBERT MILLER'S SETTLEMENT TRUST | £36k | — | 0 | unclear | — | no doubt |
| MR HERBERT MILLER'S CHARITABLE WILL TRUST | £30k | — | — | unclear | — | no doubt |
| THE G D HERBERT CHARITABLE TRUST | £72k | — | 0 | unclear | — | no doubt |
| INTERNATIONAL GOSPEL OF TRUTH CHURCH | £384k | up to £50,000 | 0 | unclear | — | no doubt |
| MISS PATRICIA ANN HERBERTS CHARITABLE TRUST | £61k | — | — | unclear | — | no doubt |
| THE PROCLAMATION TRUST | £1.6m | — | — | unclear | — | no doubt |