THE SANDY DEWHIRST CHARITABLE TRUST
1. TO RELIEVE POVERTY AND 2. FOR OTHER SUCH CHARITABLE PURPOSES AS THE TRUSTEES THINK FIT
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,811,481 at year-end, an increase of £48,875 from the previous year. The charity reported a net expenditure of £101,240 against incoming resources of £45,871, funded by drawing down on its investment capital. The trustees confirmed adequate resources for going concern, citing minimal overheads and no immediate requirement to use investments.
What the accounts disclose
“The policy of the trustees is to broadly maintain the charity's funds at such a level in order to provide sufficient capital growth and income to continue to meet the trustees' expected grant making objectives.” — page 5
“There was one related party transaction during the year. £6,000 is included in the accruals at the balance sheet date for the cost of secretarial services for the year (2023: £6,000) paid in the first instance by TC Dewhirst, The payment due to TC Dewhirst represents reimbursement of this amount.”
“There was one related party transaction during the year. £6,000 is included in the accruals at the balance sheet date for the cost of secretarial services for the year (2023: £6,000) paid in the first instance by TC Dewhirst, The payment due to TC Dewhirst represents reimbursement of this amount.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £46k | £101k |
| 31/12/2023 | £36k | £67k |
| 31/12/2022 | £31k | £64k |
| 31/12/2021 | £26k | £51k |
| 31/12/2020 | £28k | £74k |
Common questions
Is THE SANDY DEWHIRST CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,811,481 at year-end, an increase of £48,875 from the previous year. The charity reported a net expenditure of £101,240 against incoming resources of £45,871, funded by drawing down on its investment capital. The trustees confirmed adequate resources for going concern, citing minimal overheads and no immediate requirement to use investments. Its FY2024 accounts were audited by Hawsons Chartered Accountants.