FRANK RUSSON CHARITABLE TRUST
Making Grants to organisations and individuals as the Trustees decide - Please note the Charity does not accept external appeals.
Financial health, per its FY2025 accounts
The accounts state that the Trust's total assets decreased from £1,142,163 to £1,068,314 due to an unrealised investment loss of £46,173, resulting in a net movement in funds of negative £73,849. Despite this reduction in capital value, the Trust maintains unrestricted reserves of £1,068,314, which significantly exceed its stated reserves policy target of one year’s administrative and professional expenses. The Trustees confirm that long-term objectives remain obtainable and resources are adequate to meet ongoing obligations.
What the accounts disclose
“They have decided to build up a pot of reserves equivalent to one year’s administrative and professional expenses but excluding grant commitments.”
Trustees
- PAMELA CLARE HAGONchair
- DAVID JOHN NIGHTINGALE
- TIMOTHY GERALD TYLER HAGON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £34k | £62k |
| 05/04/2024 | £35k | £16k |
| 05/04/2023 | £34k | £14k |
| 05/04/2022 | £29k | £14k |
| 05/04/2021 | £24k | £66k |
Common questions
Is FRANK RUSSON CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust's total assets decreased from £1,142,163 to £1,068,314 due to an unrealised investment loss of £46,173, resulting in a net movement in funds of negative £73,849. Despite this reduction in capital value, the Trust maintains unrestricted reserves of £1,068,314, which significantly exceed its stated reserves policy target of one year’s administrative and professional expenses. The Trustees confirm that long-term objectives remain obtainable and resources are adequate to meet ongoing obligations. Its FY2025 accounts were independently examined.