THE CARPENTERS COMPANY CHARITABLE TRUST
The charity supports the Building Crafts College through an annual grant and also makes grants to other charities and individuals within the building craft.
Objects
TO APPLY BOTH CAPITAL AND INCOME FOR THE BENEFIT OF SUCH CHARITIES AND FOR SUCH CHARITABLE PURPOSES IN SUCH MANNER AS THE COURT OF ASSISTANTS MAY FROM TIME TO TIME DIRECT.
Financial health, per its FY2025 accounts
The accounts state that free reserves (general funds) were £251,644, which the trustees consider sufficient as the charity does not hold free reserves in excess of the following year’s planned grant payments. Total net assets stood at £43,362,981, comprising significant endowment and designated funds, with the charity reporting a net income and movement in funds of £1,337,701 for the year.
What the accounts disclose
“Investment income 2 1,195,768” — page 12
“The charity does not therefore have a requirement to hold free reserves in excess of the following year’s planned grant payments.”
“The Worshipful Company of Carpenters made donations of shares to the charity with a market value of £718,358 (2024 — £784,504). It also levied a management charge on the charity of £45,383 (2024 — £44,647) and leased land to the charity at a peppercorn rent.” — page 26
“In addition, rental income of £485,000 (2024 — £485,000) was receivable from Building Crafts College.”
“The Worshipful Company of Carpenters made donations of shares to the charity with a market value of £718,358 (2024 — £784,504). It also levied a management charge on the charity of £45,383 (2024 — £44,647) and leased land to the charity at a peppercorn rent.” — page 26
“In addition, rental income of £485,000 (2024 — £485,000) was receivable from Building Crafts College.”
“The Worshipful Company of Carpenters made donations of shares to the charity with a market value of £718,358 (2024 — £784,504). It also levied a management charge on the charity of £45,383 (2024 — £44,647) and leased land to the charity at a peppercorn rent.” — page 26
“In addition, rental income of £485,000 (2024 — £485,000) was receivable from Building Crafts College.”
Policies the charity declares
- 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
- 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 30/06/2025
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Has a trading subsidiary
- Grant-making is its main activity
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- MICHAEL ROBERT MATHEWSchair
- Alistair Michael Gregory-Smith
- MARTIN JONATHAN SAMUEL
- Rachel Felicity Bower
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.0m | £1.8m |
| 30/06/2024 | £2.1m | £2.1m |
| 30/06/2023 | £1.8m | £1.9m |
| 30/06/2022 | £1.4m | £1.7m |
| 30/06/2021 | £1.2m | £1.6m |
Common questions
Is THE CARPENTERS COMPANY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves (general funds) were £251,644, which the trustees consider sufficient as the charity does not hold free reserves in excess of the following year’s planned grant payments. Total net assets stood at £43,362,981, comprising significant endowment and designated funds, with the charity reporting a net income and movement in funds of £1,337,701 for the year. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE WORSHIPFUL COMPANY OF BUILDERS' MERCHANTS CHARITABLE FUND
- THE CARPENTER CHARITABLE TRUST
- THE C J M CHARITABLE TRUST
- THE CUNMONT CHARITABLE TRUST
- THE FARMERS' COMPANY CHARITABLE FUND
- THE BREWERS' COMPANY GENERAL CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CARPENTERS COMPANY CHARITABLE TRUST | £2.0m | — | 0 | within | — | no doubt |
| THE WORSHIPFUL COMPANY OF BUILDERS' MERCHANTS CHARITABLE FUND | £89k | — | 0 | unclear | — | no doubt |
| THE CARPENTER CHARITABLE TRUST | £65k | — | 0 | unclear | — | no doubt |
| THE C J M CHARITABLE TRUST | £100k | — | 0 | unclear | — | no doubt |
| THE CUNMONT CHARITABLE TRUST | £2.4m | — | 0 | unclear | — | no doubt |
| THE FARMERS' COMPANY CHARITABLE FUND | £318k | — | 0 | above | — | no doubt |