SMALLPEICE TRUST LIMITED
Financial health, per its FY2023 accounts
The accounts state that total income decreased by approximately £860k compared to the previous year, largely due to the absence of a one-off £2.1m deed of gift received in 2021/22. Despite a 26% increase in expenditure driven by inflation and programme delivery costs, the charity maintained free reserves of £686,727, which the trustees consider sufficient to continue operations over the next 12 months.
What the accounts disclose
“It is the trustees aim by 2023/4 to move to a position where a greater proportion of the ongoing operations can be funded from other sources, the endowment income can then be used to fund new initiatives that increase the impact of the Trust and to gradually increase the value of the reserves to a value comparable, after inflation, with the original gift.” — page 9
Leadership, per the charity’s website
- Helen Cuthill — Chief Executive Officer
- John Bleasdale — Director of Income Generation
- Oliver Atkins-Wood — Director of Delivery
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (06/03/2023)
- Received assets from another charity (17/12/2020)
Trustees
- Professor Alison Halsteadchair
- Andrew David Parker
- David Gavin Thompson
- Dr John Robert Waring
- Era Arvind Shah
- Fatemah Shirin Dehghan
- Jacqueline Marie Newsome
- Patrick Christopher James Dowling
- Professor Ian Keith Dunn
- Stephen Robins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.9m | £3.9m |
| 31/08/2024 | £3.2m | £3.6m |
| 31/08/2023 | £2.8m | £4.4m |
| 31/08/2022 | £3.7m | £3.0m |
| 31/08/2021 | £2.5m | £3.0m |
Common questions
Is SMALLPEICE TRUST LIMITED financially healthy?
The accounts state that total income decreased by approximately £860k compared to the previous year, largely due to the absence of a one-off £2.1m deed of gift received in 2021/22. Despite a 26% increase in expenditure driven by inflation and programme delivery costs, the charity maintained free reserves of £686,727, which the trustees consider sufficient to continue operations over the next 12 months. Its FY2023 accounts were audited by Dains Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SPECTRIS FOUNDATION | 1 | £200k |
| THE APAX FOUNDATION | 1 | £81k |
| REES JEFFREYS ROAD FUND | 1 | £40k |