EVELYN MAY TRUST
Grants are awarded to charities following the annual Trustee meeting each autumn. Support is given to smaller charities(annual income less than £1m) with UK based projects. The main interests of the Trustees are education; heritage; social welfare; relief of sickness and poverty; disabled persons and Christian religion.
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £30,053, with charitable grants totalling £29,000 and administration costs of £24,711. Per the trustees' report, the charity holds unrestricted reserves of £993,747, derived from investment capital and income, with no stated reserves policy target to compare against.
What the accounts disclose
“During the year the administration of the Trust was carried out by Nockolds Solicitors, a firm in which Trustee, Ms K Gray, is employed as a solicitor. Administration and management fees of £22,806 (including VAT) (2023 - £21,600 inc VAT) were paid to Nockolds Solicitors during the year. All the above transactions were at arms length and on a normal commercial basis.” — page 10
Trustees
- JILL MCDERMID
- KIM GRAY
- KIM GRAY
- LISA WEBB
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £30k | £54k |
| 31/12/2023 | £30k | £62k |
| 31/12/2022 | £29k | £31k |
| 31/12/2021 | £29k | £52k |
| 31/12/2020 | £25k | £58k |
Common questions
Is EVELYN MAY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year was £30,053, with charitable grants totalling £29,000 and administration costs of £24,711. Per the trustees' report, the charity holds unrestricted reserves of £993,747, derived from investment capital and income, with no stated reserves policy target to compare against. Its FY2024 accounts were independently examined.