THE PENUEL TRUST
Erection equiping and maintaining of almshouses for aged and infirm christians and the provision of financial assistance to those who subscribe to the tenets of the trust deed
Objects
THE FURTHERANCE OF THE PROTESTANT CHRISTIAN RELIGION BY ANY MEANS WHICH THE TRUSTEES MAY THINK FIT.
Financial health, per its FY2025 accounts
The Penuel Trust reported a net outgoing of resources for the year, resulting in a decrease in unrestricted funds from £3,483,929 to £3,390,875. Despite this reduction, the trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Policies the charity declares
- Complaints policy and procedures
- 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
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- H. R. J. BARKER
- JULIA HAZEL NEWMAN
- MR HARFORD SMITH
- R. D. SMITH
- RUSSELL VINCENT DYER
- Simon Russell Harford Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £64k | £76k |
| 05/04/2024 | £234k | £1.1m |
| 05/04/2023 | £136k | £111k |
| 05/04/2022 | £77k | £99k |
| 05/04/2021 | £69k | £91k |
Common questions
Is THE PENUEL TRUST financially healthy?
Per its FY2025 accounts: The Penuel Trust reported a net outgoing of resources for the year, resulting in a decrease in unrestricted funds from £3,483,929 to £3,390,875. Despite this reduction, the trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.