SIR JULES THORN CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £1,703,514 for the year ended 31 December 2025, driven by grant expenditure exceeding investment income. However, this was offset by net investment gains of £6,945,183, resulting in a net positive movement in funds of £5,241,669 and total funds increasing to £125,095,603. The Trustees confirmed that the charity has adequate resources to continue its activities for the foreseeable future with no material uncertainties regarding going concern.
What the accounts disclose
“The number of employees whose emoluments are above £60,000 during the year was:- No. No. £110,000 - £120,000 7 1 £120,000 - £130,000 1 -” — page 26
“The Trust does not need to retain unrestricted income funds as reserves although in some years such funds can remain due to the timing of commitments. There were no such balances extant on 31% December 2025,” — page 10
Leadership, per the charity’s website
- Richard Benson — Trust Director
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- ELIZABETH SARAH CHARALchair
- Ben Dulieu
- JULIAN DAVID FREDERICK IDE
- MR MARK LEVER
- PROFESSOR DAVID LOWELL RUSSELL-JONES
- Professor Sharon Jayne Peacock
- Sasha Charal
- Timothy Harvey-Samuel
- WILLIAM HENRY SPORBORG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.9m | £3.6m |
| 31/12/2024 | £2.1m | £2.8m |
| 31/12/2023 | £2.0m | £3.9m |
| 31/12/2022 | £1.6m | £3.8m |
| 31/12/2021 | £1.4m | £5.8m |
Common questions
Is SIR JULES THORN CHARITABLE TRUST financially healthy?
The accounts state that the charity reported an operating deficit of £1,703,514 for the year ended 31 December 2025, driven by grant expenditure exceeding investment income. However, this was offset by net investment gains of £6,945,183, resulting in a net positive movement in funds of £5,241,669 and total funds increasing to £125,095,603. The Trustees confirmed that the charity has adequate resources to continue its activities for the foreseeable future with no material uncertainties regarding going concern. Its FY2025 accounts were audited by HaysMac LLP.