THE VASSAR-SMITH FUND

Registered charity 236381 · accounts filings on the Charity Commission register

General Charitable PurposesMedical/Health/SicknessDisabilityRelief of Poverty

Objects

TO AFFORD FINANCIAL ASSISTANCE IN THE FORM OF GRANTS OR LOANS IN NECESSITOUS CASES TO MEMBERS OF LLOYDS BANK STAFF (INCLUDING PENSIONERS) OR TO THEIR DEPENDANTS.

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£44k
Latest spending
£24k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total unrestricted reserves of £1,197,616, which the trustees consider broadly sufficient to produce income of around £40,000 per year. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reported a net income of £55,906 for the year, driven largely by investment gains.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: broadly sufficient to produce income consistently of around £40,000 per year (held: £1.2m)
“The current level of reserves, which produces income consistently of around £40,000 per year is considered broadly sufficient in the current circumstances.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
02/08/2025£44k£24k
02/08/2024£48k£25k
02/08/2023£41k£41k
02/08/2022£36k£25k
02/08/2021£36k£25k

Common questions

Is THE VASSAR-SMITH FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds total unrestricted reserves of £1,197,616, which the trustees consider broadly sufficient to produce income of around £40,000 per year. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reported a net income of £55,906 for the year, driven largely by investment gains. Its FY2025 accounts were independently examined.