THE NORMAN TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating deficit of £39,239 for the year, largely due to a significant donation to the Roundhouse Trust. However, total funds increased to £6,724,276 following substantial investment gains of £675,095, resulting in unrestricted reserves of £1,037,518. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“the trustees intend to maintain sufficient unrestricted funds to meet other anticipated grant expenditure over the following 12 months.”
“During the year, the Norman Trust donated £118,759 (2023: £Nil) to The Roundhouse Trust, a charity of which C J Norman is a trustee.” — page 4
“As at 31st December 2024 the Global Vehicle Trust a company of which C W Norman is a director owed the Norman Trust £339,880 (2023: £340,342).” — page 17
“During the year, the Norman Trust donated £118,759 (2023: £Nil) to The Roundhouse Trust, a charity of which C J Norman is a trustee.” — page 4
“As at 31st December 2024 the Global Vehicle Trust a company of which C W Norman is a director owed the Norman Trust £339,880 (2023: £340,342).” — page 17
“During the year, the Norman Trust donated £118,759 (2023: £Nil) to The Roundhouse Trust, a charity of which C J Norman is a trustee.” — page 4
“As at 31st December 2024 the Global Vehicle Trust a company of which C W Norman is a director owed the Norman Trust £339,880 (2023: £340,342).” — page 17
Trustees
- AMY JEAN MARY SHARROCKS
- Caspar Joe NORMAN
- LULU NORMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £134k | £173k |
| 31/12/2023 | £128k | £34k |
| 31/12/2022 | £96k | £120k |
| 31/12/2021 | £83k | £109k |
| 31/12/2020 | £88k | £116k |
Common questions
Is THE NORMAN TRUST financially healthy?
The accounts state that the charity reported an operating deficit of £39,239 for the year, largely due to a significant donation to the Roundhouse Trust. However, total funds increased to £6,724,276 following substantial investment gains of £675,095, resulting in unrestricted reserves of £1,037,518. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MARY ROBERTSON TRUST | 1 | £6k |
| THE JONES 1986 CHARITABLE TRUST | 1 | £5k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £5k |
| THE THOMAS FARR CHARITY | 1 | £5k |
| J N DERBYSHIRE TRUST | 1 | £3k |
| THE JESSIE SPENCER TRUST | 1 | £2k |
| THE CHARLES LITTLEWOOD HILL TRUST | 1 | £1k |
| BRITISH HEN WELFARE TRUST | 1 | £600 |