ETHEL JAMES TRUST FUND
Aims are advancement of education of the public; granting assistance to present or past members of Normanton School in necessitous circumstances; provision of Scholarships, prize exhibitions or awards; assistance of existing charitable institutions associated with Normanton School
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £872,791, driven by net incoming resources of £43,407 and investment revaluation gains. The trustees note a risk that variable interest rates may make it difficult to generate sufficient funds to meet aims, though investments are currently held in deemed safe corporate securities.
What the accounts disclose
“There was no trustees remuneration (2024: nil) nor have there been any reimbursed expenses (2024: nil).” — page 9
“The trustees have a policy that the reserves of the charity be kept at a sufficient level to generate enough income to cover proposed charitable donations.” — page 4
“The trustees are aware that with generally variable interest rates, it may be difficult to rely on the generation of sufficient funds to fund its activities and meet its aims.” — page 4
Trustees
- CHARLES ANTHONY JAMES HOLDEN
- Nicholas Barnes
- PETER JOHN TAYLOR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £48k | £9k |
| 05/04/2024 | £43k | £5k |
| 05/04/2023 | £40k | £2k |
| 05/04/2022 | £38k | £4k |
| 05/04/2021 | £38k | £4k |
Common questions
Is ETHEL JAMES TRUST FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £872,791, driven by net incoming resources of £43,407 and investment revaluation gains. The trustees note a risk that variable interest rates may make it difficult to generate sufficient funds to meet aims, though investments are currently held in deemed safe corporate securities. Its FY2025 accounts were independently examined.