THE BARNETT AND SYLVIA SHINE NO 2 CHARITABLE TRUST
The Charity's objectives are to apply funds to or towards or for the benefit of such charitable purposes, or charitable institutions as the trustees shall in their discretion think fit.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,771,228.65, a decrease from the previous year's £2,860,082.03, driven by a net expenditure of £88,853.38 against investment income of £40,249.49. The trustees' policy is to distribute all income as it arises and not to accumulate reserves, while maintaining adequate resources for future operations.
What the accounts disclose
“The policy of the trustees is to aim to distribute all the income as it arises and not to accumulate reserves.” — page 4
“During the year the trust incurred legal fees of £12,840.00 (2024: £14,008) for legal services payable to Payne Hicks Beach LLP. Martin David Paisner is a partner in Payne Hicks Beach LLP.” — page 10
Trustees
- Alderman BARBARA JOAN GRAHAME
- Alice Rebecca Grahame
- Deborah Ann Grahame
- Martin Paisner CBE MA LLM
- PROFESSOR RODNEY GRAHAME
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £40k | £86k |
| 05/04/2024 | £35k | £86k |
| 05/04/2023 | £27k | £78k |
| 05/04/2022 | £23k | £70k |
| 05/04/2021 | £21k | £60k |
Common questions
Is THE BARNETT AND SYLVIA SHINE NO 2 CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,771,228.65, a decrease from the previous year's £2,860,082.03, driven by a net expenditure of £88,853.38 against investment income of £40,249.49. The trustees' policy is to distribute all income as it arises and not to accumulate reserves, while maintaining adequate resources for future operations. Its FY2025 accounts were independently examined.