SAMUEL WILLIAM FARMER TRUST
The Trust is for the benefit of poor people who through ill health, disability or old age are unable to earn their own livelihood; for educational and training purposes; and for the benefit of hospitals, nursing and convalescent homes or similar objects for the advancement of health or saving of lives. Supports wildlife/conservation projects for the benefit of the local community.
Objects
FOR THE BENEFIT OF POOR PERSONS OF EITHER SEX WHO THROUGH ILL-HEALTH OR BY REASON OF ADVANCING YEARS ARE INCAPABLE OF EARNING THEIR OWN LIEVELIHOOD OR FOR SUCH EDUCATIONAL PURPOSES OR FOR THE BENEFIT OF SUCH HOSPITALS NURSING OR CONVALESCENT HOMES OR OTHER SIMILAR CHARITABLE OBJECTS AS THE TRUSTEES THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding going concern. The trustees report that there is no policy for holding income reserves, as the charity distributes its income to worthy causes during each year. Total unrestricted reserves stood at £3,024,822 at the year end, comprising a capital fund of £3,018,480 and an income fund surplus of £6,342.
What the accounts disclose
“The Charity distributes its income to worthy causes during each year and there is no policy for holding income reserves.” — page 5
“Under the terms of the Trust Deed each Trustee receives a payment of £45 during the year. Trustees have been reimbursed for the biannual Trustees’ meeting meal and travelling expenses.” — page 14
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
Trustees
- PETER GAUNTLETT FOX-ANDREWSchair
- BRUCE JOHN WAIGHT
- CHARLES KENNETH BROCKIS
- David Adam Liddiard
- Elaine Kay Dewey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £83k | £105k |
| 31/12/2023 | £71k | £66k |
| 31/12/2022 | £61k | £90k |
| 31/12/2021 | £69k | £104k |
| 31/12/2020 | £62k | £78k |
Common questions
Is SAMUEL WILLIAM FARMER TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding going concern. The trustees report that there is no policy for holding income reserves, as the charity distributes its income to worthy causes during each year. Total unrestricted reserves stood at £3,024,822 at the year end, comprising a capital fund of £3,018,480 and an income fund surplus of £6,342. Its FY2024 accounts were independently examined.