CAREW POLE CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £35,591 for the year ended 5 April 2024, driven by investment losses of £78,237. Per the trustees' report, free reserves stood at £62,888, which the trustees consider sufficient to cover minimal and predictable administrative expenses. The charity maintains a reserves policy target of six months' revenue.
What the accounts disclose
“From September 2018 it was agreed to introduce a reserve policy whereby the trust ensures that it is maintained at the equivalent of six months revenue reserve.” — page 4
“Antony Hospitality Holdings Ltd is a company under the control of Tremayne Carew Pole, a Trustee of the charity. At the year end the company owed £100 (2023: £100) to the charity.” — page 15
Trustees
- James Piran Williams DLchair
- Clare Coode
- TREMAYNE JOHN CAREW POLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £142k | £205k |
| 05/04/2024 | £134k | £91k |
| 05/04/2023 | £98k | £96k |
| 05/04/2022 | £85k | £102k |
| 05/04/2021 | £76k | £79k |
Common questions
Is CAREW POLE CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net deficit of £35,591 for the year ended 5 April 2024, driven by investment losses of £78,237. Per the trustees' report, free reserves stood at £62,888, which the trustees consider sufficient to cover minimal and predictable administrative expenses. The charity maintains a reserves policy target of six months' revenue. Its FY2024 accounts were independently examined.
Who funds CAREW POLE CHARITABLE TRUST?
Funders whose own accounts filings name CAREW POLE CHARITABLE TRUST as a grant recipient include CORNWALL COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CORNWALL COMMUNITY FOUNDATION | FY2022 | £111k |
| CORNWALL COMMUNITY FOUNDATION | FY2021 | £-2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BANISTER CHARITABLE TRUST | 1 | £338k |