BEQUEST OF HARRY SKELLS

Registered charity 239573 · accounts filings on the Charity Commission register · also known as SKELLS TRUST

The objects of the Charity are to make provision and improve amenities for Stamford in accordance with the Will of the late Harry Skells.The Charity is for the benefit and advantage of the inhabitants of Stamford.The Charity is run by a Board of Trustees who are the Councillors of Stamford Town Council.

Causes: Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£35k
Latest spending
£49k
Registered
1965
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted free reserves of £38,013.23, which the trustees consider sufficient to cover operating expenditure. However, the trustees note that future grant availability is dependent on investment income, indicating a reliance on financial markets rather than a fixed reserves policy.

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

What the accounts disclose

Going concern: noted by the trustees or auditor
Whilst the Trustees can meet their current grant obligations the level of future grants is dependent upon investment income. — page 1
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Lincolnshire

Income and spending

Financial year endIncomeSpending
31/03/2025£35k£49k
31/03/2024£34k£10k
31/03/2023£33k£53k
31/03/2022£31k£26k
31/03/2021£31k£27k

Common questions

Is BEQUEST OF HARRY SKELLS financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted free reserves of £38,013.23, which the trustees consider sufficient to cover operating expenditure. However, the trustees note that future grant availability is dependent on investment income, indicating a reliance on financial markets rather than a fixed reserves policy. Its FY2025 accounts were independently examined.