THE KEN AND EDNA MORRISON CHARITABLE TRUST
Latest income
£184k
Latest spending
£108k
Registered
1987
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the Trust's unrestricted funds decreased by £347,694 to £5,647,392 due to significant investment losses, despite a surplus on income and expenditure. Per the trustees' report, the Trust has adequate assets to meet its obligations and no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Reserves policy: distribute net incoming resources arising from year to year, with power to accumulate (held: £5.6m)
“The trustees intend to distribute the net incoming resources, which relate to investment income and realised gains/losses, arising from year to year, although the trustees have the power to accumulate all or part of such incoming resources for investment purposes or future grant making as they see fit.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- ELEANOR MARIE KERNIGHAN
- William Morrison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £184k | £108k |
| 05/04/2024 | £183k | £203k |
| 05/04/2023 | £206k | £233k |
| 05/04/2022 | £172k | £223k |
| 05/04/2021 | £142k | £102k |
Common questions
Is THE KEN AND EDNA MORRISON CHARITABLE TRUST financially healthy?
The accounts state that the Trust's unrestricted funds decreased by £347,694 to £5,647,392 due to significant investment losses, despite a surplus on income and expenditure. Per the trustees' report, the Trust has adequate assets to meet its obligations and no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.