SPURRELL CHARITABLE TRUST
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FOR SUCH CHARITABLE INSTITUTIONS OR CHARITABLE PURPOSES AS THE TRUSTEES MAY FORM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The charity's unrestricted funds decreased from £3,183,840 to £3,059,482 due to net investment losses of £104,504, despite generating £87,393 in investment income. The trustees confirmed the charity has adequate resources to continue as a going concern and does not maintain a specific level of income reserves.
What the accounts disclose
“Income and interest from investments totalled £87,393 (£82,228 in 2024) with £13,295 (£12,882 in 2024) being used to generate such funds.” — page 4
“Mr Martyn Spurrell is actively involved in providing ongoing support to the people of Ukraine and the to Pavers Foundation reflects their known work in this area. Martyn Spurrell presented the Charity to the Trustees, but was not involved in the final decision.” — page 18
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses 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
Trustees
- MARTYN RICHARD SPURRELLchair
- Adele Deborah Vallance
- Christopher Joseph Spurrell
- Shirley Anne Spurrell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £87k | £107k |
| 05/04/2024 | £82k | £110k |
| 05/04/2023 | £89k | £113k |
| 05/04/2022 | £69k | £98k |
| 05/04/2021 | £65k | £79k |
Common questions
Is SPURRELL CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The charity's unrestricted funds decreased from £3,183,840 to £3,059,482 due to net investment losses of £104,504, despite generating £87,393 in investment income. The trustees confirmed the charity has adequate resources to continue as a going concern and does not maintain a specific level of income reserves. Its FY2025 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SPURRELL CHARITABLE TRUST | £87k | — | 0 | unclear | — | no doubt |
| SPEARS-STUTZ CHARITABLE TRUST | £126k | — | 0 | unclear | — | no doubt |
| THE A M CHARITABLE TRUST | £157k | — | 0 | unclear | — | no doubt |
| SPENCER HART CHARITABLE TRUST | £30k | — | 0 | unclear | — | no doubt |
| THE ANNA ROSA FORSTER CHARITABLE TRUST | £73k | — | 0 | above | — | no doubt |
| NORMANBY CHARITABLE TRUST | £311k | — | 0 | above | — | no doubt |