THE VERDON-SMITH FAMILY CHARITABLE SETTLEMENT
General Charitable Purposes, primarily in Bristol, Somerset, Wiltshire and Gloucestershire
Objects
FOR CHARITABLE PURPOSES IN THE UNITED KINGDOM.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £48,455, while the trustees' policy is to preserve capital by ensuring grants and overheads do not exceed generated income. The charity reported a net movement in funds of £(2,256) due to unrealised investment losses, though total net assets remained substantial at £759,907. The trustees confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees' reserves policy is to preserve capital by ensuring grants and charity overheads do not exceed the income generated by the portfolio.” — page 3
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
- Investment
- Paying staff
- Risk management
Trustees
- WILLIAM GEORGE VERDON-SMITHchair
- DIANA NAPIER COMPTON VERDON-SMITH
- ELIZABETH JANE WHITE
- George Philip James White
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £28k | £30k |
| 05/04/2024 | £25k | £30k |
| 05/04/2023 | £25k | £23k |
| 05/04/2022 | £20k | £31k |
| 05/04/2021 | £23k | £32k |
Common questions
Is THE VERDON-SMITH FAMILY CHARITABLE SETTLEMENT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £48,455, while the trustees' policy is to preserve capital by ensuring grants and overheads do not exceed generated income. The charity reported a net movement in funds of £(2,256) due to unrealised investment losses, though total net assets remained substantial at £759,907. The trustees confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.