THE BOWERMAN CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £14,282,070 due to a net movement in funds of £(2,173,765), driven by a £1,289,332 impairment loss on heritage assets and a net investment loss of £156,838. Per the trustees' report, free reserves were £279,898, which is above the stated policy target of approximately two months' expenditure, and the trustees confirmed adequate resources to continue as a going concern.
What the accounts disclose
“The trustees consider a reasonable level of free reserves to be held to be approximately two months’ expenditure at current levels”
“Mrs C M Bowerman has a loan due to the trust. At the balance sheet date there was an amount due to the Trust of £5,261”
Trustees
- JANET MARY TAYLORchair
- ANNA MARGARET DOWNHAM
- CLARICE MARY BOWERMAN
- JULYAN MELVILLE CAPPER
- KATHARINE EMMA BOWERMAN
- Michael Follis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £342k | £1.1m |
| 05/04/2024 | £373k | £882k |
| 05/04/2023 | £419k | £800k |
| 05/04/2022 | £339k | £617k |
| 05/04/2021 | £363k | £547k |
Common questions
Is THE BOWERMAN CHARITABLE TRUST financially healthy?
The accounts state that total funds decreased to £14,282,070 due to a net movement in funds of £(2,173,765), driven by a £1,289,332 impairment loss on heritage assets and a net investment loss of £156,838. Per the trustees' report, free reserves were £279,898, which is above the stated policy target of approximately two months' expenditure, and the trustees confirmed adequate resources to continue as a going concern. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GENESIS AMERICA (UK) LIMITED | 1 | £256k |
| THE CHARLES LEWIS FOUNDATION | 1 | £108k |
| Genesis Foundation | 1 | £100k |
| THE FRANK JACKSON FOUNDATION | 1 | £90k |
| REARDON SMITH NAUTICAL TRUST | 1 | £81k |
| THE SCOPS ARTS TRUST | 1 | £40k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £24k |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | 1 | £15k |