ST PETER'S, SALTLEY TRUST
Financial health, per its FY2023 accounts
The accounts state that the trust's net assets decreased to £4,888,444 due to a loss on the revaluation of investments of £235,929, resulting in a net expenditure for the year of £15,542. The trustees report that they remain confident that market value movements will be positive on a long-term basis and have sanctioned future spending commitments of £667,659 for projects and £84,000 for other activities in the 2023-24 financial year.
What the accounts disclose
“The trustees remain confident that market value movements will be positive on a long-term basis.” — page 15
“On occasion, grants are made by the St Peter's Saltley Trust to organisations in which the trustees or parties related to the trustees of the St Peter's Saltley Trust have an interest. In these instances those trustees are excluded from the grant decision making process.” — page 30
Trustees
- Dr PETER KENTchair
- ALAN WILD
- Jennifer Jenkins
- Julia Dawn Ipgrave
- Mark Harrington
- Michael Hastilow
- Rev Roger Latham Dr
- Revd Canon Dr Mark Pryce
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £161k | £165k |
| 31/03/2024 | £166k | £181k |
| 31/03/2023 | £158k | £173k |
| 31/03/2022 | £158k | £147k |
| 31/03/2021 | £165k | £163k |
Common questions
Is ST PETER'S, SALTLEY TRUST financially healthy?
The accounts state that the trust's net assets decreased to £4,888,444 due to a loss on the revaluation of investments of £235,929, resulting in a net expenditure for the year of £15,542. The trustees report that they remain confident that market value movements will be positive on a long-term basis and have sanctioned future spending commitments of £667,659 for projects and £84,000 for other activities in the 2023-24 financial year. Its FY2023 accounts were independently examined.
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