FRAZER TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity holds free unrestricted reserves of £622,764, which significantly exceed the stated policy target of £100,000. The Trustees consider this level appropriate to meet governance costs and upcoming charitable distributions. The independent auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The target level of reserves has been set at £100,000.” — page 5
“Under the terms of the will Trust each of the Trustees receives the sum of £150 which together with the income tax due amounts to £188” — page 25
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Clare Louise Barnett
- Edward Pybus
- MR R M H READ
- WILLIAM IAN WAITES
- WILLIAM NICOLAS HENRY REARDON SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £614k | £664k |
| 30/09/2024 | £616k | £696k |
| 30/09/2023 | £562k | £715k |
| 30/09/2022 | £593k | £711k |
| 30/09/2021 | £648k | £692k |
Common questions
Is FRAZER TRUST financially healthy?
The accounts state that the charity holds free unrestricted reserves of £622,764, which significantly exceed the stated policy target of £100,000. The Trustees consider this level appropriate to meet governance costs and upcoming charitable distributions. The independent auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Armstrong Watson Audit Limited.