SAMUEL JAMES WOODALL WILL TRUST
To provide grants to assist the training of candidates for the Methodist Ministry.
Objects
FOR RELIGIOUS PURPOSES IN CONNEXION WITH THE COMPSTALL METHODIST CHURCH AND RANELAGH ROAD METHODIST CHURCH.
Financial health, per its FY2025 accounts
The accounts state that the Trust's free reserves amounted to £45,940, with a policy to retain sufficient reserves to meet foreseeable obligations. The Trust is financially dependent on investment income, which generated £31,523 in the year, resulting in a net incoming resource of £996 after expenditures. The investment portfolio increased in value to £1,084,616, supported by unrealised gains.
What the accounts disclose
“It is the policy of the Trustees to retain sufficient reserves to meet forseeable obligations.”
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- LADY SHEILA JANE BRUCE-GARDNER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £34k | £33k |
| 05/04/2024 | £33k | £30k |
| 05/04/2023 | £29k | £24k |
| 05/04/2022 | £25k | £20k |
| 05/04/2021 | £21k | £18k |
Common questions
Is SAMUEL JAMES WOODALL WILL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust's free reserves amounted to £45,940, with a policy to retain sufficient reserves to meet foreseeable obligations. The Trust is financially dependent on investment income, which generated £31,523 in the year, resulting in a net incoming resource of £996 after expenditures. The investment portfolio increased in value to £1,084,616, supported by unrealised gains. Its FY2025 accounts were independently examined.