The Governors of the Donaldson Trust
Latest income
£3.8m
Latest spending
£4.0m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net increase in total funds of £28,480 for the year ended 31 March 2025, driven by investment gains despite an operational deficit. The trustees note that reserves are expected to reduce over the next three years as strategic investment expenditure outstrips income, though current unrestricted reserves of £2,794,061 remain above the stated policy target of £1 million. The trustees believe the current reserves position is prudent and appropriate given the charity's ambitious plans and funding uncertainties.