INCORPORATED TRUSTEES OF THE NUMBER 1 TRUST FUND
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves amounted to £154,448, an increase from the previous year's £81,542. The charity reported a net outgoing resource of £4,900 for the year, supported by a £222,600 gain on the revaluation of financial investments. The trustees confirmed that adequate resources are available for the charity to continue in operational existence for the foreseeable future.
What the accounts disclose
“Clerking services were provided by St Andrew Holborn Trading Ltd to the value of £1,800 (2023: nil). The Rt Revd Jonathan Baker is Chair of the St Andrew Holborn Guild Church Council and a Trustee of the St Andrew Holborn Church Foundation, which are equal shareholders in St Andrew Holborn Trading Ltd”
“A grant of £18,000 was made to Pusey House, Oxford (2023: £15,000). The Revd Dr George Westhaver is the Principal of Pusey House.”
“Clerking services were provided by St Andrew Holborn Trading Ltd to the value of £1,800 (2023: nil). The Rt Revd Jonathan Baker is Chair of the St Andrew Holborn Guild Church Council and a Trustee of the St Andrew Holborn Church Foundation, which are equal shareholders in St Andrew Holborn Trading Ltd”
“A grant of £18,000 was made to Pusey House, Oxford (2023: £15,000). The Revd Dr George Westhaver is the Principal of Pusey House.”
“Clerking services were provided by St Andrew Holborn Trading Ltd to the value of £1,800 (2023: nil). The Rt Revd Jonathan Baker is Chair of the St Andrew Holborn Guild Church Council and a Trustee of the St Andrew Holborn Church Foundation, which are equal shareholders in St Andrew Holborn Trading Ltd”
“A grant of £18,000 was made to Pusey House, Oxford (2023: £15,000). The Revd Dr George Westhaver is the Principal of Pusey House.”
Structured financials (annual return, FY ending 31/12/2020)
Register events
- Received assets from another charity (02/07/2015)
Trustees
- THE RT REVD JONATHAN MARK RICHARD BAKERchair
- Dr COLIN JOHN PODMORE MBE
- THE REVD DR GEORGE DERRICK WESTHAVER
- THE REVD PREBENDARY DAVID NIGEL CHRISTOPHER HOULDING
- THE REVD PREBENDARY GRAEME CHARLES ROWLANDS
- The Revd Dr Harri Alan McClelland Williams
- The Revd Philip Oswin Gartside
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £392k | £397k |
| 31/12/2023 | £383k | £486k |
| 31/12/2022 | £385k | £633k |
| 31/12/2021 | £368k | £282k |
| 31/12/2020 | £554k | £573k |
Common questions
Is INCORPORATED TRUSTEES OF THE NUMBER 1 TRUST FUND financially healthy?
The accounts state that unrestricted reserves amounted to £154,448, an increase from the previous year's £81,542. The charity reported a net outgoing resource of £4,900 for the year, supported by a £222,600 gain on the revaluation of financial investments. The trustees confirmed that adequate resources are available for the charity to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by Gravita Audit Oxford LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Edge Ministries | 1 | £6k |
| CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES | 1 | £3k |