BISHOP OTTER TRUST
The Charity supports higher and further education by the provision of freehold land to the University of Chichester, the loan of an art collection to the University and by the making of grants in accordance with the Objects of the Charity.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £143,173 for the year ended 31 March 2025, driven primarily by grants made to the University. Despite this deficit and a reduction in incoming resources, the trustees confirm the trust is a going concern and maintain free reserves of £30,516, which are below their stated policy target of £45,000.
What the accounts disclose
“The trustees have considered the reserves policy of the Trust and have decided that they should aim to maintain the free reserves fund at E45,000, which is approximately equal to three years charitable and governance expenditure.” — page 4
Trustees
- THE VENERABLE MARTIN LLOYD-WILLIAMS
- The Ven Angela Martin
- The Venerable Russell Dewhurst
- The Venerable Thomas David Leonard Carpenter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31k | £178k |
| 31/03/2024 | £44k | £33k |
| 31/03/2023 | £44k | £113k |
| 31/03/2022 | £39k | £9k |
| 31/03/2021 | £38k | £18k |
Common questions
Is BISHOP OTTER TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £143,173 for the year ended 31 March 2025, driven primarily by grants made to the University. Despite this deficit and a reduction in incoming resources, the trustees confirm the trust is a going concern and maintain free reserves of £30,516, which are below their stated policy target of £45,000. Its FY2025 accounts were independently examined.