STOBART NEWLANDS CHARITABLE TRUST
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £636,245, an increase from the previous year's £348,279. The trustees consider the financial position satisfactory and note that the principal funding source, donations from J. Stobart & Sons Limited, is expected to continue. No material uncertainties regarding the charity's ability to continue as a going concern were identified.
What the accounts disclose
“The Trustees' policy is to hold an adequate level of reserves to ensure some continuity in its support of its chosen charities in the event of a temporary cessation or reduction in donations received.” — page 3
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- RONNIE STOBARTchair
- LINDA ELIZABETH RIGG
- Peter Stobart
- RICHARD ANDREW STOBART
- Ryan Thomas Stobart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £927k |
| 31/12/2023 | £1.4m | £920k |
| 31/12/2022 | £1.2m | £898k |
| 31/12/2021 | £1.1m | £892k |
| 31/12/2020 | £1.0m | £1.0m |
Common questions
Is STOBART NEWLANDS CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £636,245, an increase from the previous year's £348,279. The trustees consider the financial position satisfactory and note that the principal funding source, donations from J. Stobart & Sons Limited, is expected to continue. No material uncertainties regarding the charity's ability to continue as a going concern were identified. Its FY2022 accounts were audited by Lamont Pridmore & statutory auditor.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| C E K STERN CHARITABLE TRUST | 1 | £35k |
| M & E CHARITABLE TRUST | 1 | £20k |
| THE JORDAN CHARITABLE FOUNDATION | 1 | £20k |
| BEIS KOSOV | 1 | £2k |