HORACE TAYLOR TRUST
Charitable purposes in Driffield and surrounding area
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a net deficit for the year, with the unrestricted income fund decreasing by £13,995. However, total net assets increased due to investment revaluations, and the trustees note that property valuations are historical and currently undervalued. The trustees consider the current financial position stable, citing 100% occupation of residential units and a strategy of retaining property investments.
What the accounts disclose
Trustees
- DAVID ATKINSONchair
- DAVID ERIC LUNDY
- DAVID LUNDY LLB
- EDWARD RICHARD SHEPHERDSON
- GLYNDWR ROSSLYN WEKKES
- PETER BRADBURY
- Rev RICHARD JEREMY TEAL
- Rev Stuart Peter Grant
- SAMANTHA JANE MELLOR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £243k | £257k |
| 05/04/2024 | £240k | £162k |
| 05/04/2023 | £217k | £130k |
| 05/04/2022 | £194k | £90k |
| 05/04/2021 | £192k | £126k |
Common questions
Is HORACE TAYLOR TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a net deficit for the year, with the unrestricted income fund decreasing by £13,995. However, total net assets increased due to investment revaluations, and the trustees note that property valuations are historical and currently undervalued. The trustees consider the current financial position stable, citing 100% occupation of residential units and a strategy of retaining property investments. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DILLHAVEN LIMITED | 1 | £92k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
| THE PENCHANT FOUNDATION | 1 | £5k |
Charities like this
- A P TAYLOR TRUST
- THE HARRY BOTTOM CHARITABLE TRUST
- THE JULIAN TAYLOR CHARITABLE TRUST
- THE TRESANTON TRUST
- THE STORZ CHARITABLE TRUST
- NEW ORFORD TOWN TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HORACE TAYLOR TRUST | £243k | — | 0 | unclear | — | no doubt |
| A P TAYLOR TRUST | £161k | — | 0 | unclear | — | no doubt |
| THE HARRY BOTTOM CHARITABLE TRUST | £271k | — | 0 | above | — | no doubt |
| THE JULIAN TAYLOR CHARITABLE TRUST | £174k | — | 0 | above | — | no doubt |
| THE TRESANTON TRUST | £470k | — | 0 | below | — | no doubt |
| THE STORZ CHARITABLE TRUST | £285k | — | 0 | unclear | — | no doubt |