THE CHARLES SKEY CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that total unrestricted income decreased to £351,382 from £427,789 in the prior year, while total expenditure remained high at £538,142, resulting in a net decrease in funds of £818,857. Per the trustees' report, the charity holds unrestricted reserves of £23,033 and an expendable endowment of £15,135,392, which the trustees consider sufficient to meet future obligations without needing additional reserves.
What the accounts disclose
“It is therefore the view of the Trustees that the Trust does not need to hold any additional money in reserve.” — page 5
Structured financials (annual return, FY ending 05/04/2023)
Trustees
- DAVID BRYAN BERKELEY
- EDWARD JAMES BERKELEY
- Joseph Robert Dennis
- Rev JAMES HENRY AUFRERE LEGGETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £351k | £538k |
| 05/04/2024 | £428k | £540k |
| 05/04/2023 | £827k | £896k |
| 05/04/2022 | £1000k | £1.1m |
| 05/04/2021 | £464k | £674k |
Common questions
Is THE CHARLES SKEY CHARITABLE TRUST financially healthy?
The accounts state that total unrestricted income decreased to £351,382 from £427,789 in the prior year, while total expenditure remained high at £538,142, resulting in a net decrease in funds of £818,857. Per the trustees' report, the charity holds unrestricted reserves of £23,033 and an expendable endowment of £15,135,392, which the trustees consider sufficient to meet future obligations without needing additional reserves. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |
| THE JORDAN CHARITABLE FOUNDATION | 1 | £20k |