The Boswell Trust
Latest income
£188k
Latest spending
£189k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £18,958 for the year, resulting in unrestricted reserves decreasing from £82,175 to £81,171. The trustees maintain a reserves policy of 30-35% of annual book festival income, which they believe is appropriate given the circumstances. The charity is exempt from audit under the small companies regime and underwent an independent examination with no matters requiring attention.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The Trustees aim to maintain reserves of around 30-35% of annual book festival income. The Trustees believe that the amount in reserves at the year end is appropriate in the circumstances.”
Per FY2025 accounts as filed with OSCR.
Payments to trustees: Caroline Knox received a payment of £20,000 for services as an administrator.
“Caroline Knox received a payment of £20,000 (2024: £20,000) in the period for services to the Trust as an administrator. There were no trustees' remuneration or other benefits for the period ended 30 September 2025 nor for the year ended 30 September 2024.” — page 16
Per FY2025 accounts as filed with OSCR.