TYNESIDE CHARITABLE TRUST
Grant making
Objects
The relief of persons in need by virtue of ill-health, disability, financial hardship or other disadvantage who are resident in Northumberland and Tyne and Wear and as ancillary to the foregoing object the payment of donations to such charitable bodies or institutions as the Trustees may in their absolute discretion from time to time determine.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £20,808 for the year, driven by investment gains of £14,586. Per the trustees' report, unrestricted free cash reserves of £15,235 were held at year-end, which is below the stated policy target of £30,000, though the trustees expect sufficient future income to cover grants. The charity has no employees and relies on trustee governance and external examination.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- R H DICKINSON ESQ CBE DLchair
- MR ALEXANDER DICKINSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £47k | £41k |
| 31/12/2023 | £18k | £17k |
| 31/12/2022 | £18k | £21k |
| 31/12/2021 | £21k | £21k |
| 31/12/2020 | £19k | £25k |
Common questions
Is TYNESIDE CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £20,808 for the year, driven by investment gains of £14,586. Per the trustees' report, unrestricted free cash reserves of £15,235 were held at year-end, which is below the stated policy target of £30,000, though the trustees expect sufficient future income to cover grants. The charity has no employees and relies on trustee governance and external examination. Its FY2024 accounts were independently examined.