WILLIAM FRANK PINN CHARITABLE TRUST
The Charity applies the income from the trust fund for the benefit of those of state pensionable age in the Borough of Gravesham. A Board of Managers decides who should receive the distribution of funds from the charity. They invite applications form the general public and assess whether those individuals meet the relevant criteria for such a donation to be made.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £10,481,880, comprising £9,923,469 in endowment funds and £558,411 in free reserves. The charity generated £488,158 in investment income against total expenditure of £516,139, resulting in a net movement in funds of £578,877 when including investment gains. The trustees confirmed that investments are sufficient to cover fixed costs for at least twelve months, indicating adequate resources for operational continuity.
What the accounts disclose
“During the period under review, Ludlow Trust Company (Southampton) Limited, formerly HSBC Trust Company (UK) Limited (see page 1), charged fees for the provision of administrative services of £47,156 (year ended 5 April 2024: £57,864), shown in note 3.” — page 16
“During the period under review, Ludlow Trust Company (Southampton) Limited, formerly HSBC Trust Company (UK) Limited (see page 1), charged fees for the provision of administrative services of £47,156 (year ended 5 April 2024: £57,864), shown in note 3. At the balance sheet date £14,471 (year ended 5 April 2024: £2,934) is accrued and payable to the Ludlow Trust Company (Southampton) Limited. The fees are authorised under the governing document.” — page 16
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 18/06/2025 | £488k | £516k |
| 05/04/2024 | £383k | £459k |
| 05/04/2023 | £361k | £399k |
| 05/04/2022 | £274k | £398k |
| 05/04/2021 | £298k | £265k |
Common questions
Is WILLIAM FRANK PINN CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £10,481,880, comprising £9,923,469 in endowment funds and £558,411 in free reserves. The charity generated £488,158 in investment income against total expenditure of £516,139, resulting in a net movement in funds of £578,877 when including investment gains. The trustees confirmed that investments are sufficient to cover fixed costs for at least twelve months, indicating adequate resources for operational continuity. Its FY2025 accounts were audited by Blue Spire Limited.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WILLIAM FRANK PINN CHARITABLE TRUST | £488k | — | 0 | unclear | — | no doubt |
| CECIL PILKINGTON CHARITABLE TRUST | £539k | — | 0 | above | — | no doubt |
| THE LATE GWYNETH MON WILLIAMS CHARITABLE TRUST | £135k | — | 0 | no_policy | — | no doubt |
| WILLIAM CHOWN CHARITABLE TRUST | £101k | — | 0 | above | — | no doubt |
| JOAN AINSLIE CHARITABLE TRUST | £278k | — | 0 | unclear | — | no doubt |
| THE HAMPSTEAD WELLS AND CAMPDEN TRUST | £979k | £60,001 - £70,000 | 1 | unclear | — | no doubt |