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THE LINNET TRUST

Registered charity 326365 · accounts filings on the Charity Commission register

The Linnet Trust supports charities operating in the South West of England that are innovative, cost effective, administratively efficient and well respected in their field. We target disadvantaged groups with mental, physical or behavioural problems, often a consequence of poverty. The trust will not support individuals, religious organisations, animal or art charities.

Causes: General Charitable Purposes · Get email alerts

Latest income
£27k
Latest spending
£114k
Registered
1983
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is operating with a limited lifespan of approximately 10 years, as it distributes considerably in excess of its annual income by selling assets. Per the trustees' report, total funds decreased from £1,185,423 to £997,079 due to a net loss on investments and grant distributions exceeding income. The trustees confirm that systems are in place to mitigate major risks and that resources are adequate for the charity's continued operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: distribute considerably in excess of its income each year by selling assets, and therefore to have a limited lifespan (held: £997k)
“The Linnet Trusts' policy is to distribute considerably in excess of its income each year by selling assets, and therefore to have a limited lifespan.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Trust now has a limited lifespan of perhaps 10 years, and our future funding will diminish until we run out of money.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£27k£114k
05/04/2024£26k£113k
05/04/2023£26k£106k
05/04/2022£26k£116k
05/04/2021£20k£127k

Common questions

Is THE LINNET TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity is operating with a limited lifespan of approximately 10 years, as it distributes considerably in excess of its annual income by selling assets. Per the trustees' report, total funds decreased from £1,185,423 to £997,079 due to a net loss on investments and grant distributions exceeding income. The trustees confirm that systems are in place to mitigate major risks and that resources are adequate for the charity's continued operations. Its FY2025 accounts were independently examined.