DUCHESNE TRUST
Latest income
£5.4m
Latest spending
£142.0m
Registered
1984
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that the group reported a net movement in funds of -€13.8 million for the year ended 31 December 2022, driven by significant unrealised investment losses. Per the trustees' report, the group holds over €65 million in designated funds and maintains total reserves of €133 million, with no stated policy target for free reserves.
What the accounts disclose
Employees paid over £60,000: 4
“During the year group employees receiving renumeration in excess of €70,000 were: Number €70,001 - €80,000 1 €80,001 - €90,000 2 €160,001 - €170,000 1” — page 57
Per its FY2022 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The trustees consider that given the nature of the group’s work and its ability to satisfy future liabilities as they fall due that there is no need for free reserves and at present there are none.”
Per its FY2022 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£5.4m
Total spending
£142.0m
Cost of raising funds
£5.5m
Reserves (reported)
£0
Employees
9
Trustees
- CATHERINE ANNE LLOYD
- Sister Claire Pierrette Marie Castaing
- Sister Francisca Rodriguez Muriel
- Sister Noellina Namusisi
- Sister Paula Sue Gruner
- Sister Sheila Mary Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.4m | £142.0m |
| 31/12/2023 | £6.6m | £6.3m |
| 31/12/2022 | £6.8m | £5.7m |
| 31/12/2021 | £14.6m | £7.6m |
| 31/12/2020 | £10.7m | £6.1m |
Common questions
Is DUCHESNE TRUST financially healthy?
The accounts state that the group reported a net movement in funds of -€13.8 million for the year ended 31 December 2022, driven by significant unrealised investment losses. Per the trustees' report, the group holds over €65 million in designated funds and maintains total reserves of €133 million, with no stated policy target for free reserves. Its FY2022 accounts were audited by Haines Watts.