THE R V COLEMAN TRUST
The main object of the charity is the relieving, in cases of need, persons resident in Dover and the immediate neighbourhood thereof, who are sick, convalescent, disabled or infirm by providing or paying for items, services or facilities which are calculated to alleviate the suffering or assist the recovery of such persons in such cases but are not readily available to them from other sources.
Financial health, per its FY2024 accounts
The accounts state that the total net value of the Trust funds amounted to £1,604,751 on 31 December 2024, with total income generated of £84,996. The unrestricted reserves were £173,727, which the trustees note exceeds their policy target of retaining enough reserves to meet anticipated operating costs for a period of six months. The trustees expressed a reasonable expectation that the charity has adequate resources for its operational existence for the foreseeable future.
What the accounts disclose
“Donations and legacies” — page 7
“The policy of the Trustees is to aim to retain enough reserves to meet anticipated operating costs for a period of six months and to allow any annual surpluses of income over expenditure to accumulate to meet any future requirements of the Trust's objectives.” — page 4
Trustees
- BRIAN LAWRENCEchair
- Dr MICHAEL JOHN PARKS
- GEOFFREY ANDREW JOHN LYMER
- JOHN THEODORE WOODLAND
- PAMELA MARY BRIVIO
- Rebecca Rhee Wanstall
- Trevor William Wade
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £85k | £87k |
| 31/12/2023 | £83k | £99k |
| 31/12/2022 | £69k | £56k |
| 31/12/2021 | £64k | £66k |
| 31/12/2020 | £74k | £49k |
Common questions
Is THE R V COLEMAN TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the total net value of the Trust funds amounted to £1,604,751 on 31 December 2024, with total income generated of £84,996. The unrestricted reserves were £173,727, which the trustees note exceeds their policy target of retaining enough reserves to meet anticipated operating costs for a period of six months. The trustees expressed a reasonable expectation that the charity has adequate resources for its operational existence for the foreseeable future. Its FY2024 accounts were independently examined.