THE SARGENT CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds stood at £8,345,967, which the trustees consider sufficient to meet all known liabilities and provide financial security for future growth. The charity reported a net expenditure of £75,264 for the year, resulting in a decrease in total funds from £8,270,703 to £8,345,967 (note: the SOFA shows a decrease in funds brought forward to cerned forward, but the Balance Sheet shows an increase in total net assets from 8,270,703 to 8,345,967; the SOFA net movement is negative, but the balance sheet movement is positive, indicating a potential error in the provided text or complex fund movements not detailed in the summary. However, the Balance Sheet explicitly states Total Funds cerned forward as 8,345,967). The primary funding source is Skillbond Ltd, with the trustees considering the risk of withdrawal of ongoing funding to be low.
What the accounts disclose
“The charity has adopted a policy of building and maintaining general reserves at a level sufficient to meet all known liabilities and to provide financial security for the support of future growth.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CHERRY ANN MEADOWS
- Dr Samuel Wessely
- Julian Davies Gregory
- NICHOLAS GREGORY SARGENT
- RICHARD ANTHONY OURY
- WENDY ANN SARGENT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £682k | £305k |
| 31/03/2024 | £3.6m | £212k |
| 31/03/2023 | £65k | £141k |
| 31/03/2022 | £692k | £160k |
| 31/03/2021 | £2.0m | £93k |
Common questions
Is THE SARGENT CHARITABLE TRUST financially healthy?
The accounts state that unrestricted funds stood at £8,345,967, which the trustees consider sufficient to meet all known liabilities and provide financial security for future growth. The charity reported a net expenditure of £75,264 for the year, resulting in a decrease in total funds from £8,270,703 to £8,345,967 (note: the SOFA shows a decrease in funds brought forward to cerned forward, but the Balance Sheet shows an increase in total net assets from 8,270,703 to 8,345,967; the SOFA net movement is negative, but the balance sheet movement is positive, indicating a potential error in the provided text or complex fund movements not detailed in the summary. However, the Balance Sheet explicitly states Total Funds cerned forward as 8,345,967). The primary funding source is Skillbond Ltd, with the trustees considering the risk of withdrawal of ongoing funding to be low. Its FY2023 accounts were audited by King Loose & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE HAPPY BABY COMMUNITY | 1 | £14k |