THE VERDON-SMITH FAMILY CHARITABLE SETTLEMENT
General Charitable Purposes, primarily in Bristol, Somerset, Wiltshire and Gloucestershire
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
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.