THE JOSEPH LEVY ENDOWMENT TRUST
To promote and support the instruction of young people of all classes in the principles of discipline, loyalty and good citizenship.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £29,860, which the Trustees consider sufficient to cover its annual governance costs of £7,000. The charity reported a net decrease in funds of £5,013 for the year, driven by charitable expenditure exceeding investment income. The Trustees maintain that the charity has adequate resources to continue its activities for the foreseeable future.
What the accounts disclose
“The Trust derives its income in the form of dividend income from its investment portfolio and interest received. Income for the period to 31 March 2025 totalled £33,533” — page 5
“the Trustees consider that a Reserve figure of £7,000 (2024: £7,000) is adequate to ensure that the governance duties of the Trust are appropriately discharged.” — page 6
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34k | £36k |
| 31/03/2024 | £36k | £30k |
| 31/03/2023 | £43k | £118k |
| 31/03/2022 | £49k | £2k |
| 31/03/2021 | £50k | £34k |
Common questions
Is THE JOSEPH LEVY ENDOWMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £29,860, which the Trustees consider sufficient to cover its annual governance costs of £7,000. The charity reported a net decrease in funds of £5,013 for the year, driven by charitable expenditure exceeding investment income. The Trustees maintain that the charity has adequate resources to continue its activities for the foreseeable future. Its FY2025 accounts were independently examined.