THE SUMMERFIELD CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased to £6,773,846 from £9,877,705 in the prior year, driven by grant expenditure exceeding investment income. The trustees' policy is to distribute income arising in each financial year, and the charity plans to spend out most of its capital over the next few years. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trust is operated as a grant giving charity, and the trustees’ policy is to seek to distribute the income arising in each financial year.” — page 10
“Roger Mortlock, a trustee of The Summerfield Charitable Trust, is linked to the charity Campaign to Protect Rural England (CPRE). During the year ended 31 December 2025, a grant amounting to £2,576 was awarded and paid to CPRE Gloucestershire.” — page 24
Trustees
- DAVID OWENchair
- Antonia Shield
- KATRINA HICKS BEACH
- Roger Mortlock
- VANESSA ARBUTHNOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £264k | £3.5m |
| 31/12/2024 | £358k | £2.5m |
| 31/12/2023 | £325k | £226k |
| 31/12/2022 | £305k | £249k |
| 31/12/2021 | £322k | £366k |
Common questions
Is THE SUMMERFIELD CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves decreased to £6,773,846 from £9,877,705 in the prior year, driven by grant expenditure exceeding investment income. The trustees' policy is to distribute income arising in each financial year, and the charity plans to spend out most of its capital over the next few years. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Buzzacott Audit LLP.