THE VERONIQUE CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £14,539 at the end of the reporting period, an increase from the previous year's £3,332. The charity also held bank balances of £16,269 and expendable endowment investments valued at £378,341. No funds were in deficit, and the independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow was paid £3,609 (2024: £2,606) for trust administration and cash management fees during the year under review. These fees are authorised under clause 11 of the trust deed.”
“Ludlow was paid £3,609 (2024: £2,606) for trust administration and cash management fees during the year under review. These fees are authorised under clause 11 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £35k | £26k |
| 05/04/2024 | £11k | £25k |
| 05/04/2023 | £8k | £14k |
| 05/04/2022 | £8k | £3k |
| 05/04/2021 | £13k | £23k |
Common questions
Is THE VERONIQUE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £14,539 at the end of the reporting period, an increase from the previous year's £3,332. The charity also held bank balances of £16,269 and expendable endowment investments valued at £378,341. No funds were in deficit, and the independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.