WHITAKER CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the Trust reported a net decrease in funds of £234,173 for the year ended 31 March 2024, driven by a loss on investments of £272,061 which outweighed net incoming resources of £37,888. Per the trustees' report, free reserves stood at £145,122, with the Trustees noting that reserves other than the substantial investment portfolio need only be maintained at a minimal level. The Trustees confirmed adequate resources for the foreseeable future, with no material uncertainties identified regarding going concern.
What the accounts disclose
“The Trustees have identified that reserves other than the investment portfolio need only to be at a minimal level and that this level continues to be maintained.” — page 5
“A charge for administrative expenses of £2,936, including VAT, (2023: £2,990) was paid to Tiln Farms Limited, a company controlled by Sir Jack and Lady Whitaker. The Trustees (but excluding Sir Jack and Lady Whitaker from the decision) consider that this amount represents the arm's length value of the services provided.” — page 13
“Sir Jack Whitaker made a short term loan to the Trustees on 15 March 2023 of £115,500. This loan was fully repaid during the year ended 5 April 2024.” — page 13
“A charge for administrative expenses of £2,936, including VAT, (2023: £2,990) was paid to Tiln Farms Limited, a company controlled by Sir Jack and Lady Whitaker. The Trustees (but excluding Sir Jack and Lady Whitaker from the decision) consider that this amount represents the arm's length value of the services provided.” — page 13
“Sir Jack Whitaker made a short term loan to the Trustees on 15 March 2023 of £115,500. This loan was fully repaid during the year ended 5 April 2024.” — page 13
Trustees
- LADY ELIZABETH JANE RAVENSCROFT WHITAKER
- Sir John James Ingham Whitaker Bt
- William James Emlyn Price
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £328k | £253k |
| 31/03/2024 | £328k | £291k |
| 31/03/2023 | £286k | £272k |
| 31/03/2022 | £224k | £228k |
| 31/03/2021 | £230k | £231k |
Common questions
Is WHITAKER CHARITABLE TRUST financially healthy?
The accounts state that the Trust reported a net decrease in funds of £234,173 for the year ended 31 March 2024, driven by a loss on investments of £272,061 which outweighed net incoming resources of £37,888. Per the trustees' report, free reserves stood at £145,122, with the Trustees noting that reserves other than the substantial investment portfolio need only be maintained at a minimal level. The Trustees confirmed adequate resources for the foreseeable future, with no material uncertainties identified regarding going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE M D AND S CHARITABLE TRUST | 1 | £230k |
| MYR CHARITABLE TRUST | 1 | £8k |