THE ALBERT EDWARD PROCTER CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2026 accounts
The accounts state that free reserves were £6,861 at the end of the reporting period, down from £9,675 in the previous year. The charity holds an expendable endowment fund valued at £669,653 which can be released to support activities. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Limited was paid £4,133 for trust administration and cash management fees during the year under review. These fees are authorised under clause 2 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 02/02/2026 | £33k | £38k |
| 02/02/2025 | £35k | £41k |
| 02/02/2024 | £16k | £38k |
| 02/02/2023 | £12k | £18k |
| 02/02/2022 | £11k | £13k |
Common questions
Is THE ALBERT EDWARD PROCTER CHARITABLE TRUST financially healthy?
Per its FY2026 accounts: The accounts state that free reserves were £6,861 at the end of the reporting period, down from £9,675 in the previous year. The charity holds an expendable endowment fund valued at £669,653 which can be released to support activities. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. Its FY2026 accounts were independently examined.