The Rocco Charitable Trust
Latest income
£16.5m
Latest spending
£360k
Accounts read
FY2025
Form
Trust (founding document is a deed of trust) (other than educational endowment)
Financial health, per FY2025 accounts
The accounts state that the Trust has unrestricted reserves of £36,118,782 and free reserves of £7,604,428, with a significant increase in net income to £16,102,482 for the year ended 31 March 2025. Per the trustees' report, the Trust is in an initial set-up phase focused on growing its investment portfolio, with income primarily derived from donations and investment returns rather than fundraising activities.
What the accounts disclose
Employees paid over £60,000: 0
Per FY2025 accounts as filed with OSCR.
Reserves policy: maintained in real terms over the medium term (at least five years) (held: £7.6m)
“it is however the ambition of the Trustees that the reserves of the Trust will be maintained in real terms (after adjusting for inflation) after such distributions. That would be measured over the medium term (of at least five years)” — page 7
Per FY2025 accounts as filed with OSCR.
Largest income source: Donations (96% of income)
“This is made up primarily of donations and associated gift aid of £15,875,000 (2024: £12,500,840) and investment income of £636,577 (2024: £265,581).”
Per FY2025 accounts as filed with OSCR.
Independent examiner: MHA
Per FY2025 accounts as filed with OSCR.