THE PENNYCRESS TRUST
Grant making to smaller charities with preference to charities in Cheshire and Norfolk.
Objects
FOR ANY CHARITABLE PURPOSE OR PURPOSES AS THE TRUSTEES SHALL WITHIN THE PERIOD ENDING ON TH EIGHTIETH ANNIVERSARY OF THE DATE HEREOF (HEREINAFTER REFERRED TO AS "THE TRUST PERIOD") IN THEIR ABSOLUTE DISCRETION AT ANY TIME OR FROM TIME TO TIME BY DEED REVOCABLE OR IRREVOCABLE APPOINT.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,580,828, which the trustees describe as a reserve to enable occasional large donations. The trustees report no employees and no related party transactions, while noting that the financial statements were examined by an independent examiner who found no material issues.
What the accounts disclose
“Income from: Investments 3 84,148”
“The Trustees’ policy is to retain sufficient reserves to enable the payment of donations to beneficiaries during each accounting period.” — page 4
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 4 were received after the due date: year ending 05/04/2025 (received 31/03/2026, 54 days after the 05/02/2026 due date); year ending 05/04/2024 (received 26/02/2025, 21 days after the 05/02/2025 due date); year ending 05/04/2023 (received 26/02/2024, 21 days after the 05/02/2024 due date); year ending 05/04/2022 (received 11/04/2023, 65 days after the 05/02/2023 due date).
Trustees
- CHARLES GEORGE CHOLMONDELEY
- Priscilla Dicketts
- Rose Cholmondeley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £84k | £49k |
| 05/04/2024 | £79k | £103k |
| 05/04/2023 | £74k | £45k |
| 05/04/2022 | £72k | £104k |
| 05/04/2021 | £66k | £55k |
Common questions
Is THE PENNYCRESS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,580,828, which the trustees describe as a reserve to enable occasional large donations. The trustees report no employees and no related party transactions, while noting that the financial statements were examined by an independent examiner who found no material issues. Its FY2025 accounts were independently examined.
Who funds THE PENNYCRESS TRUST?
Funders whose own accounts filings name THE PENNYCRESS TRUST as a grant recipient include Oracle Head and Neck Cancer UK Limited.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Oracle Head and Neck Cancer UK Limited | FY2022 | £200 | Match funded by Pioneers of Discovery fund, supporting PhD fellows. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, SEVENOAKS | 1 | £19k |
Charities like this
- THE TENDRIL TRUST
- THE NORTHWICK TRUST
- THE RELIEF TRUST
- THE PENNY TRUST
- THE HOMESTEAD CHARITABLE TRUST
- THE MANIFOLD TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PENNYCRESS TRUST | £84k | — | 0 | unclear | — | no doubt |
| THE TENDRIL TRUST | £42k | — | 0 | unclear | — | no doubt |
| THE NORTHWICK TRUST | £283k | — | 0 | unclear | — | no doubt |
| THE RELIEF TRUST | £39k | — | 0 | above | — | no doubt |
| THE PENNY TRUST | £98k | — | 0 | unclear | — | no doubt |
| THE HOMESTEAD CHARITABLE TRUST | £279k | — | 0 | above | — | no doubt |