Paxton Trust
Latest income
£456k
Latest spending
£501k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity achieved a small net surplus of £5,593 for the year ended 30 November 2024, driven by a gain in the value of its endowment fund which offset an operating deficit. Free reserves stood at £273,825, and the trustees confirmed the charity has adequate resources to continue as a going concern.
What the accounts disclose
Related-party transaction: Trustees donated to the Trust
“During the year 3 trustees donated £179,100 (2023: two £30,500) to the Trust in which £29,000 had conditions attached.” — page 41
Per FY2024 accounts as filed with OSCR.