THE SIMON DIGBY (SHERBORNE) MEMORIAL TRUST

Registered charity 801462 · accounts filings on the Charity Commission register · also known as THE SIMON DIGBY SHERBORNE TRUST

Promoting and supporting the work of local organisations for the general benefit of the inhabitants of Sherborne, Dorset and the surrounding neighbourhood.

Objects

SUCH CHARITABLE PURPOSES FOR THE GENERAL BENEFIT OF THE INHABITANTS OF THE TOWN OF SHERBORNE IN THE COUNTY OF DORSET AND THE TRUSTEES SHALL THINK FIT.

Area of benefit: THE TOWN OF SHERBORNE AND THE NEIGHBOURHOOD

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · website · Get email alerts

Latest income

£36k

Latest spending

£330

Registered

1989

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £43,512 for the year ended 31 March 2025, driven by investment income and unrealised gains. The trustees confirm that unrestricted funds of £59,108 are held, which they view as sufficient to generate satisfactory investment income for future grant commitments. The filing notes that the economic climate remains challenging but confirms the trust remains a going concern with no material uncertainties.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: UK dividends received (91% of income)

“UK dividends received 32,483” — page 12

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: required in order to generate a satisfactory level of investment income to distribute in future years after taking into account future grant commitments (held: £59k)

“The Trustees review reserves on a regular basis and take the view that the level of reserves held are required in order to generate a satisfactory level of investment income to distribute in future years after taking into account future grant commitments.”

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Digby Hall & Library Trusts

“Digby Hall & Library Trusts (£nil grant made, 2023/24 £4,800 grant made towards revenue funding) all ex officio Trustees, Mr E Wingfield Digby and Mrs M Wingfield Digby were Trustees during the year). At various times ex officio Trustees are appointed as official representatives of Sherborne Town Council to the committees of various organisations in the Town which may, from time to time, apply to the Trust for grant assistance.” — page 15

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Investing charity funds policy and procedures
Investment
Risk management

Register events

Received assets from another charity (28/01/2016) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (28/01/2016) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Anthony Kelton Martin
Christopher Mark Wills Kippax
Cllr Frances Margaret Crossman · trustee of 1 other charity
Cllr Jill Warburton
Guy Justin Paterson
JONATHAN ALBERT ANDREWS
James Richard Fenton Griffen
KENELM EDWARD WINGFIELD DIGBY · trustee of 2 other charities
MARIA WINGFIELD DIGBY
MRS SUSAN GREENE
Paul Kevin Jacobs
ROBIN LEGG
Richard Henry Geoffrey Crabb
SURESH JEGANATHAN

Trustee list from the Charity Commission register (current, not historical).

Operates in: Dorset

Income and spending

Financial year end	Income	Spending
31/03/2025	£36k	£330
31/03/2024	£33k	£5k
31/03/2023	£33k	£69k
31/03/2022	£32k	£20k
31/03/2021	£30k	£34k

Common questions

Is THE SIMON DIGBY (SHERBORNE) MEMORIAL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £43,512 for the year ended 31 March 2025, driven by investment income and unrealised gains. The trustees confirm that unrestricted funds of £59,108 are held, which they view as sufficient to generate satisfactory investment income for future grant commitments. The filing notes that the economic climate remains challenging but confirms the trust remains a going concern with no material uncertainties. Its FY2025 accounts were independently examined.