THE SECOND QUOTHQUAN CHARITABLE TRUST

Registered charity 273229 · accounts filings on the Charity Commission register · also known as SECOND QUOTHQUAN CHARITABLE TRUST, SQCT

In addition to continuing to provide administration services to related charities and rented social housing, it has received a significant gift the larger part of which has designated towards property acquisition.

Objects

TO SUCH CHARITIES OR FOR SUCH CHARITABLE PURPOSES AND IN SUCH PROPORTIONS AND IN SUCH MANNER AND SUBJECT TO SUCH TERMS AND CONDITIONS AS THE SETTLOR MAY FROM TIME TO TIME BY A LIKE NOTICE DIRECT.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Religious Activities · Get email alerts

Latest income
£31k
Latest spending
£37k
Registered
1977
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £5,237 for the year ended 31 December 2024, resulting in a decrease in unrestricted funds to £423,140. Per the trustees' report, the current assets of £92,561 are considered over a year of normal running costs, and the financial position is deemed satisfactory. The charity is a going concern with sufficient reserves to secure its immediate future for the next 12 to 18 months.

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

What the accounts disclose

Reserves policy: six months of undesignated expenditure (held: £423k)
“The Trustees would like the uninvested “free” reserves to be at least six months of undesignated expenditure (the running costs).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Trust provided bookkeeping and administration services to Harvest Fields Homes, Quothquan Homes and the Alfred Haines Charitable Trust which are charities that are related/associated as they have common trustee(s) with this Trust. It charged them £5,500, £4,500 and £1,000 respectively (2023: £5,500, £4,500 and £900 respectively).
“This Trust provided bookkeeping and administration services to Harvest Fields Homes, Quothquan Homes and the Alfred Haines Charitable Trust which are charities that are related/associated as they have common trustee(s) with this Trust. It charged them £5,500, £4,500 and £1,000 respectively (2023: £5,500, £4,500 and £900 respectively).” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Birmingham City

Income and spending

Financial year endIncomeSpending
31/12/2024£31k£37k
31/12/2023£31k£20k
31/12/2022£29k£22k
31/12/2021£79k£21k
31/12/2020£29k£25k

Common questions

Is THE SECOND QUOTHQUAN CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £5,237 for the year ended 31 December 2024, resulting in a decrease in unrestricted funds to £423,140. Per the trustees' report, the current assets of £92,561 are considered over a year of normal running costs, and the financial position is deemed satisfactory. The charity is a going concern with sufficient reserves to secure its immediate future for the next 12 to 18 months. Its FY2024 accounts were independently examined.