MRS L D ROPE'S THIRD CHARITABLE SETTLEMENT
Financial health, per its FY2025 accounts
The accounts state that the Charity holds total net assets of £75,028,129, comprising a substantial endowment fund and unrestricted general funds. Per the trustees' report, the Charity reported a net deficit of expenditure over income before investment gains, but this was offset by significant net gains on investments, resulting in a strong overall financial position with adequate resources to continue activities.
What the accounts disclose
“The minimum figure for reserves has been agreed by the Trustees as 6 months' investment income averaged over a three-year period and the maximum is calculated as the total of twice the average of investment income over the last three years plus gift aid receipts and/or donations or legacies spread evenly over 6 years.” — page 14
“Catherine Scott, partner in Messrs Mills & Reeve solicitors, received no remuneration directly or reimbursed expenses. Mills & Reeves’ fees for legal services are charged on an arm’s length basis. Total fees payable to Messrs Mills & Reeve incurred by the Charity were £23,328 (2024: £19,825)” — page 58
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (12/05/2026)
Trustees
- CATHERINE SUSANNE JUDITH SCOTT
- Judith Coplowe
- Stephen Charles Serpell
- Stephen Douglas Singleton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.3m | £2.9m |
| 31/03/2024 | £2.8m | £2.5m |
| 31/03/2023 | £2.0m | £2.1m |
| 05/04/2022 | £2.3m | £1.9m |
| 05/04/2021 | £1.5m | £1.7m |
Common questions
Is MRS L D ROPE'S THIRD CHARITABLE SETTLEMENT financially healthy?
The accounts state that the Charity holds total net assets of £75,028,129, comprising a substantial endowment fund and unrestricted general funds. Per the trustees' report, the Charity reported a net deficit of expenditure over income before investment gains, but this was offset by significant net gains on investments, resulting in a strong overall financial position with adequate resources to continue activities. Its FY2025 accounts were audited by PEM Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M O CHARITABLE TRUST | 1 | £1.2m |
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | 1 | £490k |
| UK FRIENDS OF YAD YISROEL INCORPORATING SPONSOR A MEAL FOUNDATION | 1 | £1k |
| BCH TRUST | 1 | £1k |