THE VERONIQUE CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
SUCH REGISTERED CHARITIES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.
Financial health, per its FY2026 accounts
The accounts state that the charity held free reserves of £145 at the end of the reporting period, a significant decrease from the previous year's £14,539. Total incoming resources were £6,674, while grants awarded totaled £43,926, with the shortfall funded by transfers from expendable endowment funds. The trustees maintain a policy of keeping free reserves available for future needs and contingencies.
What the accounts disclose
“Total incoming resources for the year were £6,674 (2025: £11,429), comprising investment income and bank interest.”
“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 Trust Company Ltd was paid £3,694 (2025: £3,609) for trust administration and cash management fees during the year under review. These fees are authorised under clause 11 of the trust deed.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- 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
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2026 | £35k | £51k |
| 05/04/2025 | £35k | £26k |
| 05/04/2024 | £11k | £25k |
| 05/04/2023 | £8k | £14k |
| 05/04/2022 | £8k | £3k |
Common questions
Is THE VERONIQUE CHARITABLE TRUST financially healthy?
Per its FY2026 accounts: The accounts state that the charity held free reserves of £145 at the end of the reporting period, a significant decrease from the previous year's £14,539. Total incoming resources were £6,674, while grants awarded totaled £43,926, with the shortfall funded by transfers from expendable endowment funds. The trustees maintain a policy of keeping free reserves available for future needs and contingencies. Its FY2026 accounts were independently examined.