THE HOLDEN CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves in a deficit position of £152,693, a significant deterioration from the previous year's surplus. The trustees note that the charity is reliant on a loan from a related party to meet liabilities as they fall due, though this support is confirmed for at least 12 months. Despite the deficit, the charity maintains cash reserves of £176,970 to facilitate immediate donations and future investment purposes.
What the accounts disclose
“At the balance sheet date the charity had unrestricted reserves deficit balance of £152,693 (2024: £260,805 surplus).” — page 4
“The Charity is reliant on continued financial support by way of a loan from Medal House Company, a related party, to enable it to meet its liabilities as they fall due. The loan is unsecured and repayable on demand. Medal House Company has confirmed that it will continue to provide this financial support for a period of at least 12 months from the date of approval of these financial statements.” — page 9
“At the year end there was a loan balance of £2,967,691 (2024: £1,035,000) owed to Medal House Company, of which trustee D Lopian is a director and shareholder. This loan is repayable on demand and is not incurring interest.” — page 16
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2025).
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2025).
Structured financials (annual return, FY ending 05/04/2023)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £243k | £657k |
| 05/04/2024 | £57k | £679k |
| 05/04/2023 | £532k | £390k |
| 05/04/2022 | £397k | £290k |
| 05/04/2021 | £204k | £268k |
Common questions
Is THE HOLDEN CHARITABLE TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves in a deficit position of £152,693, a significant deterioration from the previous year's surplus. The trustees note that the charity is reliant on a loan from a related party to meet liabilities as they fall due, though this support is confirmed for at least 12 months. Despite the deficit, the charity maintains cash reserves of £176,970 to facilitate immediate donations and future investment purposes. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 2 | £1.8m |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £1.3m |
| DELAPAGE LIMITED | 1 | £934k |
| AMABRILL LTD | 1 | £241k |
| REIFER MEMORIAL LIMITED | 1 | £135k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| THE BENZI DUNNER SCHOOLS TRUST | 1 | £67k |
| SABENO LIMITED | 1 | £39k |