BOWYERS CHARITABLE TRUST

Registered charity 270702 · accounts filings on the Charity Commission register

For the benefit of education and training (which might but not necessarily include, training in archery and/or bow-making); for the benefit of disadvantaged (however disadvantaged) youth or other members of society with a view to socially beneficial ends; for the benefit of the Company's military affiliations; for City of London-related charitable purposes.

Causes: General Charitable Purposes · Education/training · Disability · Amateur Sport · Armed Forces/emergency Service Efficiency · website · Get email alerts

Latest income

£49k

Latest spending

£62k

Registered

1976

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds total net assets of £166,432, comprising a General Fund of £26,792 and a Capital Fund of £139,640. The trustees report that the capital fund stands at £139,640, exceeding the original intention of £100,000, with investment income and realised gains used to increase charitable giving. The independent examiner confirmed that no material matters came to their attention regarding the accounts.

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

What the accounts disclose

Reserves policy: no specific policy target for unrestricted reserves stated; capital fund target was £100,000 but no longer required to grow above this level (held: £27k)

“The original intention was to build a fund of at least £100,000. The trustees agreed, in 2017, that while any surplus charitable income would continue to be reinvested in the capital fund, there was no longer a specific requirement to grow the fund above the level of £100,000 and that the investment income from the fund as from January 2017 could be used to increase our charitable giving.” — page 2

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Major General Dr. Andrew Richard Darwen Sharpe
Michael Andrew Jenkins
Nicholas Hallam Carter-Pegg · trustee of 1 other charity
Simon Michael Leach
William Francis Charnley · trustee of 1 other charity
William Lee Hallam Mills · trustee of 1 other charity

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

Operates in: Throughout England

Income and spending

Financial year end	Income	Spending
31/12/2024	£49k	£62k
31/12/2023	£46k	£47k
31/12/2022	£35k	£37k
31/12/2021	£36k	£39k
31/12/2020	£42k	£31k

Common questions

Is BOWYERS CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds total net assets of £166,432, comprising a General Fund of £26,792 and a Capital Fund of £139,640. The trustees report that the capital fund stands at £139,640, exceeding the original intention of £100,000, with investment income and realised gains used to increase charitable giving. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2024 accounts were independently examined.