THE CITY CHARITY TRUST
General Charitable Purposes
Latest income
£128k
Latest spending
£143k
Registered
1969
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased to £496,269 from £483,066 in the prior year, while total net assets fell to £3,871,766. The Trustees confirm adequate resources to continue operations and note no material uncertainties regarding going concern.
What the accounts disclose
Reserves policy: minimum necessary for the operations of the charity to continue uninterrupted (held: £496k)
“Funds in the Unrestricted Fund are kept to the minimum necessary for the operations of the charity to continue uninterrupted” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Legal fees paid to Broadfield Law UK LLP, a firm where both trustees are partners.
“During the period covered by these accounts both Trustees Alastair Collett and Elizabeth Neale were Partners at Broadfield Law UK LLP to whom legal fees were paid amounting to £21,456 (2024: £14,868) for services provided to the Trust.” — page 14
“The Estate of Shella MacPherson from which the legacy was receivable in the year £10,933 (2024 £3,476,922) was managed by Broadfield Law UK LLP with Alastair Collett acting as joint executor under the will.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Legacy from Estate of Sheila MacPherson, managed by Broadfield Law UK LLP with trustee Alastair Collett as executor.
“During the period covered by these accounts both Trustees Alastair Collett and Elizabeth Neale were Partners at Broadfield Law UK LLP to whom legal fees were paid amounting to £21,456 (2024: £14,868) for services provided to the Trust.” — page 14
“The Estate of Shella MacPherson from which the legacy was receivable in the year £10,933 (2024 £3,476,922) was managed by Broadfield Law UK LLP with Alastair Collett acting as joint executor under the will.”
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2024)
Total income
£3.6m
Total spending
£78k
Cost of raising funds
£14k
Reserves (reported)
£4.0m
Employees
0
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £128k | £143k |
| 31/03/2024 | £3.6m | £78k |
| 31/03/2023 | £6k | £2k |
| 31/03/2022 | £5k | £33k |
| 31/03/2021 | £3k | £59k |
Common questions
Is THE CITY CHARITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £496,269 from £483,066 in the prior year, while total net assets fell to £3,871,766. The Trustees confirm adequate resources to continue operations and note no material uncertainties regarding going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MARTIN SMITH FOUNDATION | 1 | £57k |
| THE DYERS' COMPANY CHARITABLE TRUST | 1 | £7k |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | 1 | £5k |
| Friends of the Nations' Libraries | 1 | £4k |
| THE OUSELEY CHURCH MUSIC TRUST | 1 | £2k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST COOKHAM DEAN | 1 | £30 |
Charities like this
- AL ATHARIYYAH
- SMITH CHARITABLE TRUST
- NORWICH CATHEDRAL CHOIR ENDOWMENT FUND
- NORTHUMBRIA HEALTH CARE NATIONAL HEALTH SERVICE TRUST CHARITY
- THE COTE CHARITY
- THE MANIFOLD CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CITY CHARITY TRUST | £128k | — | 0 | unclear | — | no doubt |
| AL ATHARIYYAH | £199k | — | — | unclear | — | no doubt |
| SMITH CHARITABLE TRUST | £230k | — | 0 | unclear | — | no doubt |
| NORWICH CATHEDRAL CHOIR ENDOWMENT FUND | £253k | — | — | unclear | — | no doubt |
| NORTHUMBRIA HEALTH CARE NATIONAL HEALTH SERVICE TRUST CHARITY | £2.4m | — | — | unclear | — | no doubt |
| THE COTE CHARITY | £3.3m | — | 0 | unclear | — | no doubt |