AGNES MARSDEN TRUST

Registered charity 254728 · accounts filings on the Charity Commission register

The charity provides accommodation for elderly spinsters of Horsforth.

Objects

FOR THE PROVISION AND MAINTENANCE OF HOME OR HOMES IN THE PARISH OR DISTRICT OF HORSFORTH NEAR LEEDS IN THE COUNTY OF YORK FOR EXCLUSIVE USE OF SPINSTERS OF NOT LESS THAN 60 YEARS OF AGE OF THE SAID PARISH OR DISTRICT. (SEE ALSO CLAUSE 4 (D) AND 4 (E) OF WILL IF CAPITAL AND INCOME ARE SUFFICIENT FOR THE ABOVE PURPOSES).

Area of benefit: HORSFORTH AND DISTRICT

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

Causes: Accommodation/housing · Get email alerts

Latest income
£27k
Latest spending
£71k
Registered
1970
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £43,322 for the year ended 31 March 2025, resulting in a decrease in total funds from £111,220 to £67,898. The trustees maintain that the charity has adequate resources to continue as a going concern for the foreseeable future. Reserves are held at £67,898, which the trustees consider prudent to avoid the necessity of realising fixed assets.

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

What the accounts disclose

Reserves policy: sufficient to avoid the necessity to realise fixed assets (held: £68k)
“The Trustee has reviewed the Charity’s needs for reserves in line with the guidance issued by the Charity Commission and considers it prudent that reserves should be sufficient to avoid the necessity to realise fixed assets.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 12. Related party transactions
“During the year, the Charity was charged management fees of £6,485 (2024 £6,021) by 54 North Homes Limited whose board function as Trustee of the Charity. These fees were charged under normal commercial terms and any year-end balance due is shown as a debtor within the accounts of 54 North Homes Limited” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: 54 North Homes Limited
“54 North Homes Limited is the corporate trustee who are a subsidiary of Karbon Homes Group.” — 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.

Corporate structure

Trustees · trustee networks

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

Operates in: Leeds City

Income and spending

Financial year endIncomeSpending
31/03/2025£27k£71k
31/03/2024£26k£16k
31/03/2023£23k£16k
31/03/2022£23k£17k
31/03/2021£54k£16k

Common questions

Is AGNES MARSDEN TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £43,322 for the year ended 31 March 2025, resulting in a decrease in total funds from £111,220 to £67,898. The trustees maintain that the charity has adequate resources to continue as a going concern for the foreseeable future. Reserves are held at £67,898, which the trustees consider prudent to avoid the necessity of realising fixed assets. Its FY2025 accounts were independently examined.