THE N SMITH CHARITABLE SETTLEMENT
The trust is established for charitable purposes only and uses its investment income to support a broad range of charitable activities
Objects
SUCH CHARITABLE INSTITUTIONS AND OBJECTS 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 NOTICE DIRECT AND SUBJECT TO AND IN DEFAULT OF ANY SUCH DIRECTION AND IN SO FAR AS SUCH DIRECTION MAY NOT EXTEND AS THE TRUSTEES MAY IN THEIR UNCONTROLLED DISCRETION DETERMINE. FOR FURTHER DETAILS SEE GOVERNING INSTRUMENT.
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
Policies the charity declares
- Conflicting interests
- Internal risk management policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
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?
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. Its FY2025 accounts were audited by Royce Peeling Green Limited.
Charities like this
- THE SMITH (HALTWHISTLE AND DISTRICT) CHARITABLE TRUST
- THE GRAHAM AND DIANE SMITH CHARITABLE TRUST
- NORMANBY CHARITABLE TRUST
- THE A M CHARITABLE TRUST
- THE MARTIN SMITH FOUNDATION
- THE E H SMITH CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE N SMITH CHARITABLE SETTLEMENT | £140k | — | 0 | unclear | — | no doubt |
| THE SMITH (HALTWHISTLE AND DISTRICT) CHARITABLE TRUST | £79k | — | 0 | above | — | no doubt |
| THE GRAHAM AND DIANE SMITH CHARITABLE TRUST | £51k | — | 0 | unclear | — | no doubt |
| NORMANBY CHARITABLE TRUST | £311k | — | 0 | above | — | no doubt |
| THE A M CHARITABLE TRUST | £157k | — | 0 | unclear | — | no doubt |
| THE MARTIN SMITH FOUNDATION | £113k | — | 0 | above | — | no doubt |