THE FOLLETT TRUST
Donations are made to students in higher education, including scholarships; to organisations involved in community work; to the arts; to the promotion of reading including dyslexia sufferers.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £108,712 to £79,114 due to charitable donations exceeding incoming resources. The trustees report no material uncertainty regarding the charity's ability to continue as a going concern, citing adequate resources for the foreseeable future.
What the accounts disclose
“The Trust does not engage in raising funds. The Trust funds are regularly replenished by Gift-Aid payments made solely by the Trustees.” — page 4
“The Trustees have agreed that any significant donations received should be credited to an unrestricted reserve fund and utilised over a period of several years to enable the Trust to maintain a higher level of activity than would otherwise be possible.” — page 5
“The Trustee K Follett settled the independent examiner's fee for the year. This amounted to £900 (2024: £900). Page 11” — page 13
Trustees
- BARBARA FOLLETT
- KEN FOLLETT
- Rebecca Hart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £65k | £95k |
| 30/06/2024 | £183k | £134k |
| 30/06/2023 | £258k | £239k |
| 30/06/2022 | £83k | £118k |
| 30/06/2021 | £60k | £97k |
Common questions
Is THE FOLLETT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £108,712 to £79,114 due to charitable donations exceeding incoming resources. The trustees report no material uncertainty regarding the charity's ability to continue as a going concern, citing adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds THE FOLLETT TRUST?
Funders whose own accounts filings name THE FOLLETT TRUST as a grant recipient include CANON COLLINS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CANON COLLINS TRUST | FY2025 | £3k | Scholarship |