Charity Accounts Intelreading the accounts so you don’t have to

THE PORTRACK CHARITABLE TRUST

Registered charity 266120 · accounts filings on the Charity Commission register

We have have a backlog of applications to review and are not accepting any new ones. All correspondence by email please [email protected]. We can only support UK Registered charities, not CICs or individuals.

Causes: The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Arts/culture/heritage/science · Environment/conservation/heritage · Grant history (this charity is a funder) · Get email alerts

Latest income
£576k
Latest spending
£546k
Registered
1973
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased significantly from £12,837,944 to £9,592,614 due to a net unrealised loss on investments of £3,159,828. Despite this drop in asset value, the charity holds sufficient cash and has no employees or property liabilities, allowing trustees to confirm it is a going concern with the ability to sustain activity for at least two years.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (98% of income)
“The principal source of income is the holding of Jardine Matheson Holdings Limited US£0.25 shares” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: No specific reserves policy stated; trustees do not believe they need to maintain any specific reserves. (held: £9.6m)
“At present the Trustees do not believe that they need to maintain any specific reserves.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Maggie's Cancer Centres, established by the mother of trustees Lily and John Jencks.
“Included in the grants funded for the year ended 5 April 2024 (note 3) was an amount of £10,000 (2023: £10,000) which was made to Maggie’s Cancer Centres, a charity which was established by the mother of Lily and John Jencks, who are trustees of this Trust.” — page 16
“Further amounts of £400,000 (2023: £315,000) were made to the Jencks Foundation which Lily Jencks is a trustee of” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Jencks Foundation, where trustee Lily Jencks is a trustee.
“Included in the grants funded for the year ended 5 April 2024 (note 3) was an amount of £10,000 (2023: £10,000) which was made to Maggie’s Cancer Centres, a charity which was established by the mother of Lily and John Jencks, who are trustees of this Trust.” — page 16
“Further amounts of £400,000 (2023: £315,000) were made to the Jencks Foundation which Lily Jencks is a trustee of” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Blue Marine Foundation, established by trustee Chris Barnes.
“Included in the grants funded for the year ended 5 April 2024 (note 3) was an amount of £10,000 (2023: £10,000) which was made to Maggie’s Cancer Centres, a charity which was established by the mother of Lily and John Jencks, who are trustees of this Trust.” — page 16
“Further amounts of £400,000 (2023: £315,000) were made to the Jencks Foundation which Lily Jencks is a trustee of” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by TC Group. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£576k
Total spending
£546k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£576k£546k
05/04/2024£569k£654k
05/04/2023£559k£738k
05/04/2022£388k£511k
05/04/2021£436k£246k

Common questions

Is THE PORTRACK CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves decreased significantly from £12,837,944 to £9,592,614 due to a net unrealised loss on investments of £3,159,828. Despite this drop in asset value, the charity holds sufficient cash and has no employees or property liabilities, allowing trustees to confirm it is a going concern with the ability to sustain activity for at least two years. Its FY2024 accounts were audited by TC Group.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE ICTHIUS CHARITABLE TRUST1£548k
CORAM LIFE EDUCATION1£5k
MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED1£5k
THE LAUFFER FAMILY CHARITABLE TRUST1£5k
DIVINE RENOVATION UK1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PORTO CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PORTRACK CHARITABLE TRUST£576k—0unclear—no doubt
THE PORTO CHARITABLE TRUST FY2026£70k—0unclear—no doubt
THE PORTLAND TRUST FY2024£2.9m——unclear—no doubt
PENINIM CHARITY TRUST FY2025£319k—0unclear—no doubt
POSSUK LIMITED FY2025£156k—0below—no doubt
J E POSNANSKY CHARITABLE TRUST FY2025£133k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.