The Downshire Charitable Trust
Latest income
£4.7m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net income of £4,643,576 for the period, primarily funded by donations and legacies totaling £4,655,003. However, the trustees report that free reserves are negative at (£927), which falls below the stated policy target range of £1,907 to £5,720. Despite this deficit in unrestricted funds, the trustees and auditors confirm the charity is a going concern with adequate resources to continue activities for at least twelve months.
What the accounts disclose
Reserves position: below the charity's own stated policy
“At present the free reserves amount to (£927). Current levels of reserves fall below the Trustee's target range.”
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: Hopper & Co
Per FY2025 accounts as filed with CCNI.