SAMUEL JAMES WOODALL WILL TRUST
To provide grants to assist the training of candidates for the Methodist Ministry.
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.”
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.