THE PROMOTION OF ENGLISH TRUST
Makes Grants to organisations including schools charities etc
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £44,772 for the year ended 31 December 2024, with cash funds increasing to £61,333. The trustees confirmed that resources are adequate to meet liabilities as they fall due and that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Proceeds from sale of investments 1,356,848”
“The Trust’s policy is to retain sufficient resources to enable it to carry out its charitable activities from a sound financial base and to achieve its long-term objectives.” — page 5
“Related party transaction Killik & Co Trustees Limited were appointed as trustee on 6 December 2023. The trust paid Killik & Co LLP management fees of £16,792 and accruals contain accrued management fees of £1,378.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £29k | £31k |
| 31/12/2023 | £24k | £20k |
| 31/12/2022 | £16k | £34k |
| 31/12/2021 | £32k | £22k |
| 31/12/2020 | £15k | £11k |
Common questions
Is THE PROMOTION OF ENGLISH TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £44,772 for the year ended 31 December 2024, with cash funds increasing to £61,333. The trustees confirmed that resources are adequate to meet liabilities as they fall due and that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.