Allied Universal Employees' Trust
A charitable trust providing benefits for past or present employees of Securicor Securities Services plc or any of its subsidiaries, and for dependants of such employees
Objects
THE RELIEF OF POVERTY AMONG AND FOR DESERVING POOR AND NECESSITOUS EMPLOYEES AND DEPENDANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £280,627 at the year end, a decrease from the previous year's £487,195. The trustees consider it prudent to retain sufficient funds to respond to grant applications, noting that the net asset value of the charity was £7,017,860. The charity reported a net decrease in funds of £562,423 for the year, primarily driven by investment losses.
What the accounts disclose
“The trustees keep under review the level of reserves and consider it prudent to retain sufficient funds to enable the charity to respond adequately to applications for grant-assistance received from beneficiaries.” — page 6
“A total of £36,540 (inclusive of VAT) was billed by Mercer & Hole Trustees Limited during the period under review (2024: £46,800).”
“A total of £36,540 (inclusive of VAT) was billed by Mercer & Hole Trustees Limited during the period under review (2024: £46,800). No expenses have been incurred by the trustees during the period (2024: £nil). During the year the trust incurred fees of £36,540 (2024:£46,800) for accountancy and administration services payable to Mercer & Hole Trustees Limited.”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Catherine Fiona Hooper
- Mercer & Hole Trustees Limited
- Sok Wah Lee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £301k | £479k |
| 05/04/2024 | £148k | £529k |
| 05/04/2023 | £113k | £394k |
| 05/04/2022 | £180k | £294k |
| 05/04/2021 | £461k | £252k |
Common questions
Is Allied Universal Employees' Trust financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £280,627 at the year end, a decrease from the previous year's £487,195. The trustees consider it prudent to retain sufficient funds to respond to grant applications, noting that the net asset value of the charity was £7,017,860. The charity reported a net decrease in funds of £562,423 for the year, primarily driven by investment losses. Its FY2025 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DILLHAVEN LIMITED | 1 | £92k |
| CSIS CHARITY FUND | 1 | £85k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
| UNSEEN (UK) | 1 | £5k |
Charities like this
- The A and J Charitable Trust
- THE B G CAMPBELL TRUST FUND
- PRUDENTIAL STAFF CHARITABLE TRUST
- WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST
- BT BENEVOLENT FUND
- T & S TRUST FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Allied Universal Employees' Trust | £301k | — | 0 | unclear | — | no doubt |
| The A and J Charitable Trust | £590k | — | 0 | unclear | — | no doubt |
| THE B G CAMPBELL TRUST FUND | £608k | — | 0 | above | — | no doubt |
| PRUDENTIAL STAFF CHARITABLE TRUST | £1.2m | — | 0 | unclear | — | no doubt |
| WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST | £351k | — | 0 | below | — | no doubt |
| BT BENEVOLENT FUND | £1.6m | — | 0 | above | — | no doubt |