THE URSULA KEYES TRUST
(i)Primarily (but not exclusively) for the benefit of the inhabitants of the area administered by Chester District Council.(ii)The dissemination and improvement of medical knowledge, skills and the care or treatment of patients whether in public or private hospitals or nursing homes (including hospices) or in their own homes.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted free reserves of £698,156, which is above its stated policy target of £250,000. The trustees consider this level of reserves appropriate to protect assets against market fluctuations and to cover future administration costs and charitable grants. The audit report confirms that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“They consider free reserves of £250,000 to be appropriate.” — page 5
Trustees
- JOHN BRIMELOWchair
- Dr IAN RUSSELL
- Dr PETER REID
- EUAN ANDREW ELLIOTT
- Elizabeth Jane Redmond
- John A McLintock
- MR J R LEAMAN
- Sian Preston
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £399k | £264k |
| 31/12/2023 | £429k | £350k |
| 31/12/2022 | £342k | £260k |
| 31/12/2021 | £262k | £209k |
| 31/12/2020 | £308k | £253k |
Common questions
Is THE URSULA KEYES TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted free reserves of £698,156, which is above its stated policy target of £250,000. The trustees consider this level of reserves appropriate to protect assets against market fluctuations and to cover future administration costs and charitable grants. The audit report confirms that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Champion Accountants LLP.