THE N SMITH CHARITABLE SETTLEMENT
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £5,386,158 to £5,090,917 due to a net loss of £295,241, driven primarily by investment revaluation losses. Administrative costs decreased significantly by 61% compared to the prior year, while charitable distributions increased to £116,750. The trustees report that the settlement has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“At any one time, the Trustees will normally have in hand accumulations of up to six months income as short term reserves” — page 5
Trustees
- ANNE ELIZABETH GREGORY
- Christine Ann Yates
- JANET ADAM
- SUSAN ANN DARLINGTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £140k | £176k |
| 05/04/2024 | £144k | £156k |
| 05/04/2023 | £151k | £167k |
| 05/04/2022 | £159k | £119k |
| 05/04/2021 | £141k | £187k |
Common questions
Is THE N SMITH CHARITABLE SETTLEMENT financially healthy?
The accounts state that unrestricted funds decreased from £5,386,158 to £5,090,917 due to a net loss of £295,241, driven primarily by investment revaluation losses. Administrative costs decreased significantly by 61% compared to the prior year, while charitable distributions increased to £116,750. The trustees report that the settlement has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Royce Peeling Green Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DILLHAVEN LIMITED | 1 | £71k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |