Activities

As described by the charity on the register

The Fund has three aims:1) To provide an annual yield above that available from the FTSE All-Share Index,2) To provide an income stream that increases every year and3) To provide a level of capital growth, net of the on-going charge figure, that is higher than inflation over any ten-year period, as measure by the UK Retail Price index (RPI)

Latest income

£48.0m

Expenditure

£51.7m

Financial year end

2024-10-31

Income & spending history

As reported to the Charity Commission, by financial year end

Year end Income Expenditure income spend
2020-10-31 £43.8m £51.1m
2021-10-31 £48.4m £53.0m
2022-10-31 £52.5m £53.6m
2023-10-31 £49.1m £53.6m
2024-10-31 £48.0m £51.7m

Latest detailed return

Year end 2024-10-31

Income mix

Donations & legacies £0
Charitable activities £0
Trading £0
Investment income £48.0m
Total income £48.0m

Spending

Charitable spend £47.9m
Raising funds £3.8m
Grants to institutions £0
Governance £0
Total expenditure £51.7m

Balance sheet

Reserves £6.3m
Total funds £737m
— restricted £737m
— unrestricted £0
— endowment £0
Total assets £737m
Cash £7.1m

People

Employees 0

Classification

The charity's own register classification

What it does

  • Other Charitable Purposes

Who it helps

  • Other Charities Or Voluntary Bodies

How it works

  • Provides Other Finance

Source: Charity Commission for England and Wales register, 2026-07-28. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.