The CHAMP Trust
Latest income
£310k
Latest spending
£174k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that total unrestricted reserves amounted to £7,055,468.42, representing a significant increase from the previous year. The Trust relies on investment returns to fund its charitable donations, with the investment portfolio valued at £6,789,943.93. The trustees report no material uncertainties regarding the Trust's ability to continue as a going concern.
What the accounts disclose
Related-party transaction: Legal and accounting services provided by Turcan Connell, a firm where partners are directors of TC Trustees Limited (a Trustee).
“The partners of Turcan Connell are directors of TC Trustees Limited one of the Trustees. Turcan Connell provide legal and accounting services to the Trust for which fees are paid. In the year to 31st March 2025 those fees amounted to £6,750.00 (2024 £8,432.95), with £1,160.00 outstanding at the year end.” — page 4
Per FY2025 accounts as filed with OSCR.