The Worshipful Company of Turners Charitable Trust
The objects of the Trust are for general charitable purposes and it currently has two principal aims: to support the craft of turning and to promote charities related to the City and the Company.Turning support is through competitions and exhibitions, bursaries and other educational training as well as working with the professional and amateur Turning associations within the UK.
Financial health, per its FY2023 accounts
The accounts state that total net assets increased to £874,978, with unrestricted funds comprising the vast majority of this total. The charity reports adequate resources to continue as a going concern and holds unrestricted reserves of £870,080, which the trustees consider appropriate to support ongoing activities. Expenditure on charitable activities was £70,937, funded by a mix of donations, legacies, and investment income.
What the accounts disclose
Funders the charity credits
Trustees
- Andrew John Ewens
- Josephine Anne Richardson
- Mark Stuart Kermack
- Richard Michael Lucas
- William Edward Morris
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £185k | £98k |
| 31/05/2024 | £80k | £93k |
| 31/05/2023 | £149k | £100k |
| 31/05/2022 | £42k | £46k |
| 31/05/2021 | £65k | £64k |
Common questions
Is The Worshipful Company of Turners Charitable Trust financially healthy?
Per its FY2023 accounts: The accounts state that total net assets increased to £874,978, with unrestricted funds comprising the vast majority of this total. The charity reports adequate resources to continue as a going concern and holds unrestricted reserves of £870,080, which the trustees consider appropriate to support ongoing activities. Expenditure on charitable activities was £70,937, funded by a mix of donations, legacies, and investment income. Its FY2023 accounts were audited by Kreston Reeves LLP.
Charities like this
- G J W TURNER TRUST
- THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND
- TURN TRUST
- JOAN AINSLIE CHARITABLE TRUST
- THE WILLIAMS CHARITABLE TRUST
- THE CARPENTERS COMPANY CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Worshipful Company of Turners Charitable Trust | £185k | — | 0 | unclear | — | no doubt |
| G J W TURNER TRUST | £362k | — | 0 | above | — | no doubt |
| THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND | £219k | — | 0 | within | — | no doubt |
| TURN TRUST | £672k | — | 0 | above | — | noted |
| JOAN AINSLIE CHARITABLE TRUST | £278k | — | 0 | unclear | — | no doubt |
| THE WILLIAMS CHARITABLE TRUST | £92k | — | 0 | unclear | — | no doubt |