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.
Objects
FOR THE BENEFIT OF SUCH CHARITABLE INSTITUTION OR INSTITUTIONS OR SUCH CHARITABLE PURPOSE OR PURPOSES AS THE COMPANY SHALL FROM TIME TO TIME IN ITS ABSOLUTE DISCRETION THINK FIT.
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
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
- Social media 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 31/05/2025
- Volunteers: 30
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/05/2024
- Volunteers: 30
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/05/2023
- Volunteers: 30
- Grant-making is its main activity
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 TAVENER CHARITABLE TRUST
- THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND
- THE TRAVERS COX CHARITABLE FOUNDATION
- THE WORSHIPFUL COMPANY OF BUILDERS' MERCHANTS CHARITABLE FUND
- THE HAWORTH 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 TAVENER CHARITABLE TRUST | £36k | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND | £219k | — | 0 | within | — | no doubt |
| THE TRAVERS COX CHARITABLE FOUNDATION | £357k | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF BUILDERS' MERCHANTS CHARITABLE FUND | £89k | — | 0 | unclear | — | no doubt |