THE SEVEN FIFTY TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £3,684,218, with the trustees' policy being to gradually increase these reserves to boost future distributable income. The trustees confirmed that funds are sufficient for medium-term operation, noting that future giving increases are subject to investment performance. No material uncertainties regarding the charity's continuation as a going concern were disclosed.
What the accounts disclose
“The policy of the trustees continues to be gradually to increase the Trust’s reserves so as to increase the income available for distribution.”
Trustees
- THE REV ANDREW CHARLES JULIAN CORNESchair
- Alice Prisca Lyell Cornes
- Hugh Charles Montgomery Cornes
- KATHERINE ELIZABETH CORNES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £212k | £118k |
| 05/04/2024 | £197k | £98k |
| 05/04/2023 | £135k | £122k |
| 05/04/2022 | £78k | £118k |
| 05/04/2021 | £78k | £125k |
Common questions
Is THE SEVEN FIFTY TRUST financially healthy?
The accounts state that unrestricted reserves stood at £3,684,218, with the trustees' policy being to gradually increase these reserves to boost future distributable income. The trustees confirmed that funds are sufficient for medium-term operation, noting that future giving increases are subject to investment performance. No material uncertainties regarding the charity's continuation as a going concern were disclosed. Its FY2025 accounts were independently examined.