THE AIRD CHARITABLE TRUST
The Trustees hold unrestricted funds from which they may make donations for such general charitable purposes as they in their absolute discretion think fit.
Financial health, per its FY2024 accounts
The accounts state that total funds increased by £151,220 to £2,795,897, driven by net investment gains of £180,080. The charity holds £57,183 in unrestricted funds, which the trustees consider to be free reserves available at their discretion. The trustees report no long-term commitments and confirm adequate resources for future operations.
What the accounts disclose
“Income from investments and interest totalled £53,804 (£50,501 in 2023).” — page 4
“During the year donations recieved totalled £30,000 (£30,000 in 2023) and was credited to Unrestricted Funds. Income from investments and interest totalled £53,804 (£50,501 in 2023). The only costs incurred to raise the funds were investment management fees of £19,450 (£17,941 in 2023).” — page 4
“The trustees aim to distribute a large percentage of income, net of expenses, in each financial year and therefore do not maintain a specific level of income reserves but the level of Unrestricted Funds is regularly reviewed by the trustees to ensure they have sufficient funds available to meet with their current objectives.” — page 4
“There were no conflicts of interest or transactions with related parties requiring disclosure in respect of the financial year ended 31 December 2024 or to 31 December 2023.” — page 15
Trustees
- Lady Xiaofen Aird
- SUSAN PRISCILLA AIRD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £84k | £113k |
| 31/12/2023 | £96k | £91k |
| 31/12/2022 | £75k | £71k |
| 31/12/2021 | £109k | £110k |
| 31/12/2020 | £52k | £106k |
Common questions
Is THE AIRD CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased by £151,220 to £2,795,897, driven by net investment gains of £180,080. The charity holds £57,183 in unrestricted funds, which the trustees consider to be free reserves available at their discretion. The trustees report no long-term commitments and confirm adequate resources for future operations. Its FY2024 accounts were independently examined.