FASSNIDGE MEMORIAL TRUST
The objects of the Trust in order of priority are:1) To benefit old persons residing in the area of the former Urban District of Uxbridge;2) To benefit such persons residing elsewhere in the London Borough of Hillingdon;3) For any charitable purpose for the general benefit of the inhabitants of the said London Borough.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a deficit of £43,130 for the year ended 31 March 2025, compared to a surplus in the previous year, driven by a drop in unrealised investment gains and building repair costs. However, the trustees confirm that unrestricted reserves are well in excess of annual expenditure, with liquid assets monitored quarterly to ensure they cover at least one year's spending. The charity holds significant assets, including property investments and multi-asset funds, which are managed to sustain the charity's objectives in perpetuity.
What the accounts disclose
“Income from Investments 81,238” — page 7
“the Trustees consider it prudent that unrestricted reserves should be sufficient to cover at least one year's expenditure based on the prior financial year.” — page 10
“None of the trustees, or any person connected with them, received any remuneration during the period.” — page 26
Register events
- Received assets from another charity (15/12/2015)
- Received assets from another charity (07/04/2011)
Trustees
- Adam Bennettchair
- Dr Reva GUDI
- James Attias
- Johanna Marren-King
- John Hensley
- KELLY MARTIN
- Kamal Preet Kaur
- REETA CHAMDAL
- Trudy Perryman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £159k | £203k |
| 31/03/2024 | £162k | £156k |
| 31/03/2023 | £155k | £158k |
| 31/03/2022 | £130k | £245k |
| 31/03/2021 | £126k | £175k |
Common questions
Is FASSNIDGE MEMORIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a deficit of £43,130 for the year ended 31 March 2025, compared to a surplus in the previous year, driven by a drop in unrealised investment gains and building repair costs. However, the trustees confirm that unrestricted reserves are well in excess of annual expenditure, with liquid assets monitored quarterly to ensure they cover at least one year's spending. The charity holds significant assets, including property investments and multi-asset funds, which are managed to sustain the charity's objectives in perpetuity. Its FY2025 accounts were audited by Ward Williams.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAILY THOMAS CHARITABLE FUND | 1 | £25k |
| SPORTS PARTNERSHIP HEREFORDSHIRE AND WORCESTERSHIRE | 1 | £7k |
| THE ROGER & DOUGLAS TURNER CHARITABLE TRUST | 1 | £5k |
Charities like this
- THE ODELL TRUST
- CASE COMMUNITY TRUST
- THE FLORENCE TRUST LTD
- THE EXBURY GARDENS TRUST
- HOLMFIRTH CIVIC HALL COMMUNITY TRUST
- BROMLEY FC COMMUNITY SPORTS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FASSNIDGE MEMORIAL TRUST | £159k | — | 0 | above | — | no doubt |
| THE ODELL TRUST | £796k | — | 0 | unclear | — | no doubt |
| CASE COMMUNITY TRUST | £581k | — | 0 | unclear | — | no doubt |
| THE FLORENCE TRUST LTD | £108k | — | 0 | unclear | — | no doubt |
| THE EXBURY GARDENS TRUST | £128k | — | 0 | above | — | no doubt |
| HOLMFIRTH CIVIC HALL COMMUNITY TRUST | £222k | — | 0 | unclear | — | no doubt |