MIDHURST PENSIONS TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £5,809,763, a decrease from the prior year's £7,011,649, driven by a net outgoing movement in funds of £1,201,886. This outflow resulted from charitable grants totalling £1,052,374 and a net investment loss of £268,410, partially offset by £121,257 in investment income. The trustees confirm the trust is a going concern with adequate resources to continue operations.
What the accounts disclose
“It is the intention of the Trustees to sustain the unrestricted funds at a level which will provide sufficient funds for the level of grants paid and to cover the Charity's management and administration costs.” — page 4
“During the year grants were awarded to the Cowdray Heritage Trust of £990,000. The Viscount Cowdray (Director of Cowdray Trust Limited) and Mr B R Newbigging (Director of Rathbone Trust Company Limited) are trustees of the Heritage Trust.” — page 15
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £121k | £1.1m |
| 05/04/2024 | £111k | £58k |
| 05/04/2023 | £62k | £56k |
| 05/04/2022 | £50k | £53k |
| 05/04/2021 | £55k | £57k |
Common questions
Is MIDHURST PENSIONS TRUST financially healthy?
The accounts state that unrestricted reserves stood at £5,809,763, a decrease from the prior year's £7,011,649, driven by a net outgoing movement in funds of £1,201,886. This outflow resulted from charitable grants totalling £1,052,374 and a net investment loss of £268,410, partially offset by £121,257 in investment income. The trustees confirm the trust is a going concern with adequate resources to continue operations. Its FY2025 accounts were independently examined.