ST FAITH'S TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds decreased from approximately £174,000 to £56,163 during the year, primarily due to charitable grants exceeding investment income. The trustees note that investment dividends were deliberately restricted to build cash reserves, and the charity holds significant restricted endowment assets valued at over £2 million.
What the accounts disclose
“The Trustees will always retain sufficient cash to cover direct costs plus a small contingency.” — page 11
“The Trust owns three properties and an area of woodland near Box Hill. A building in Sydney Road, Guildford which is leased (insurance and repairing) at a peppercorn (insurance) rent to the following organisations. Shooting Star Chase Hospice Care for children (Registered Charity No 1042495) is the main tenant where they provide accommodation for nurses and key workers working at their St Christopher's Hospice for life-limited children. Part of the ground floor is sublet to The Jigsaw Trust (Registered Charity No 1075464) who provide education and care for children with autistic spectrum disorders. The lease on this property is up for renewal and discussions with both tenants are underway. The second property is in Cleeve Road Leatherhead (formerly the St Faith’s Family Centre used by Surrey County Council who quit the building in March 2023) and is leased to N Family Club who operate a children’s nursery on the site. The lease is for 25 years, and N Family Club now pay a full commercial rent. The third property purchased in 2023 is a former Doctor’s surgery, at 42a Prices Lane, Reigate. It was acquired to be used by PSDS a charity (Registered Charity No 1123079) the Trust has supported for many years and who were seeking a permanent base in this area. PSDS took up occupation on 1st December 2023. A 25-year lease has been agreed with the rent rising to 40% of the market rate over five years. In due course the ‘ownership’ of 42a Prices Lane will be transferred to the Official Custodian of the Charity Commission.” — page 7
Trustees
- Andrew Patrick Allenchair
- DR BARRY HUTT
- Helen Elizabeth Wilson
- Jane Mary Campbell
- MAGGIE SIMKINS
- Peter Terelak
- ROSIE HELOWICZ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £218k | £453k |
| 31/12/2024 | £224k | £397k |
| 31/12/2023 | £250k | £343k |
| 31/12/2022 | £238k | £406k |
| 31/12/2021 | £219k | £260k |
Common questions
Is ST FAITH'S TRUST financially healthy?
The accounts state that the charity's unrestricted funds decreased from approximately £174,000 to £56,163 during the year, primarily due to charitable grants exceeding investment income. The trustees note that investment dividends were deliberately restricted to build cash reserves, and the charity holds significant restricted endowment assets valued at over £2 million. Its FY2025 accounts were audited by CMB Partnership Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAKERS OF PLAYING CARDS CHARITY | 1 | — |
| The Ethos Foundation | 1 | £1.8m |
| B&Q Foundation | 1 | £210k |
| THE WESTMINSTER FOUNDATION | 1 | £152k |
| THE KPMG FOUNDATION | 1 | £92k |
| THE HABERDASHERS' FOUNDATION | 1 | £75k |
| The Caring Family Foundation | 1 | £70k |
| THE TANLAW FOUNDATION | 1 | £40k |