THE MORRIS CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the Trust reported an overall deficit of £57,795 for the year ended 5 April 2025, driven by a significant drop in incoming resources compared to the previous year. Per the trustees' report, the unrestricted fund balance decreased to £438,143, while total net assets stood at £2,277,966. The trustees consider the unrestricted fund sufficient to cover management costs and maintain liquidity.
What the accounts disclose
“The trustees consider it prudent to ensure that the unrestricted fund is sufficient to cover one year's management and administration expenses” — page 4
“The Trust received an unconditional donation of £100,000 (2024: £100,000) from a related party during the year. In the previous year the Trust received a grant of an endowment fund in the form of an investment portfolio of £1,529,642 and a cash donation of £60,000 from the Schreiber Charitable Trust a trust in which G. Morris is also a trustee.” — page 17
Structured financials (annual return, FY ending 05/04/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £139k | £175k |
| 05/04/2024 | £1.7m | £101k |
| 05/04/2023 | £48k | £65k |
| 05/04/2022 | £48k | £48k |
| 05/04/2021 | £46k | £31k |
Common questions
Is THE MORRIS CHARITABLE TRUST financially healthy?
The accounts state that the Trust reported an overall deficit of £57,795 for the year ended 5 April 2025, driven by a significant drop in incoming resources compared to the previous year. Per the trustees' report, the unrestricted fund balance decreased to £438,143, while total net assets stood at £2,277,966. The trustees consider the unrestricted fund sufficient to cover management costs and maintain liquidity. Its FY2025 accounts were independently examined.