THE CITY CHARITY TRUST
General Charitable Purposes
Objects
FOR THE BENEFIT OF SUCH CHARITABLE INSTITUTIONS OR OBJECTS AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.
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
“Funds in the Unrestricted Fund are kept to the minimum necessary for the operations of the charity to continue uninterrupted” — page 5
“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.”
“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.”
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2024)
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 |
|---|---|---|
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | 1 | £37k |
Charities like this
- THE CHARITY SERVICE LIMITED
- THE ADINT CHARITABLE TRUST
- THE A M CHARITABLE TRUST
- J E POSNANSKY CHARITABLE TRUST
- LIMOGES CHARITABLE TRUST
- THE ROSTON 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 |
| THE CHARITY SERVICE LIMITED | £1.3m | — | 0 | below | — | no doubt |
| THE ADINT CHARITABLE TRUST | £212k | — | 0 | unclear | — | no doubt |
| THE A M CHARITABLE TRUST | £157k | — | 0 | unclear | — | no doubt |
| J E POSNANSKY CHARITABLE TRUST | £133k | — | 0 | unclear | — | no doubt |
| LIMOGES CHARITABLE TRUST | £69k | — | 0 | within | — | no doubt |