A P TAYLOR TRUST
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds decreased by £67,293 to £3,045,270, primarily due to a reduction in investment income and the sale of investments. The trustees' report notes a policy to retain sufficient liquidity to meet overheads for a six-month period, which remains satisfied given the current fund balance. The charity reported a net movement in funds of negative £67,293 for the year ended 31 March 2023.
What the accounts disclose
“It is the trustees policy to retain sufficient liquidity so that the overheads of the trust can be met over a six month period.” — page 4
Trustees
- MARY O'CONNOR
- MR SEAN FITZPATRICK
- PETER CHIDWICK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £161k | £131k |
| 31/03/2024 | £111k | £137k |
| 31/03/2023 | £63k | £130k |
| 31/03/2022 | £98k | £114k |
| 31/03/2021 | £106k | £125k |
Common questions
Is A P TAYLOR TRUST financially healthy?
The accounts state that total unrestricted funds decreased by £67,293 to £3,045,270, primarily due to a reduction in investment income and the sale of investments. The trustees' report notes a policy to retain sufficient liquidity to meet overheads for a six-month period, which remains satisfied given the current fund balance. The charity reported a net movement in funds of negative £67,293 for the year ended 31 March 2023. Its FY2023 accounts were independently examined.
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