THE JOANNA HERBERT STEPNEY CHARITABLE SETTLEMENT ALSO KNOWN AS THE PAGET CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £13,070,553, driven by a net movement in funds of £119,993 despite investment losses. The charity holds no free reserves, with unrestricted income fund balances at £48,016, while the expendable endowment fund holds £13,022,537. The trustees confirm the charity remains a going concern based on discretionary expenditure and asset management.
What the accounts disclose
“At the year end the trustees held free reserves of nil (2024: nil).” — page 5
Trustees
- Andrew Martin Ward
- JOANNA CECIL HERBERT-STEPNEY
- Mark Stephen Dutton
- Vivienne Moira Matravers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £258k | £266k |
| 05/04/2024 | £229k | £238k |
| 05/04/2023 | £356k | £253k |
| 05/04/2022 | £192k | £310k |
| 05/04/2021 | £200k | £405k |
Common questions
Is THE JOANNA HERBERT STEPNEY CHARITABLE SETTLEMENT ALSO KNOWN AS THE PAGET CHARITABLE TRUST financially healthy?
The accounts state that total funds increased to £13,070,553, driven by a net movement in funds of £119,993 despite investment losses. The charity holds no free reserves, with unrestricted income fund balances at £48,016, while the expendable endowment fund holds £13,022,537. The trustees confirm the charity remains a going concern based on discretionary expenditure and asset management. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £904k |
| MOLE CHARITABLE TRUST | 1 | £95k |