BLANCHMINSTER TRUST

Charity number: 202118
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To make grants for the relief of local need, promotion of education and aid to local charitable organistations for the benefit of the community

Income and expenditure

Data for financial year ending 31 December 2024

Total income:
£558,750

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Donations and legacies £0
Charitable activities £0
Other trading activities £0
Investments £558.25k
Other £504

Total expenditure:
£860,176

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Raising funds £485.94k
Charitable activities £374.24k
Other £0

£290,494 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £485.94k
Charitable expenditure £374.24k

People

3 Employee(s)

13 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
Where the charity operates:
  • Cornwall

Governance

Registration history:
  • 02 February 1962: Standard registration
  • 24 June 2015: Funds received from 1072186 BUDE YOUTH PROJECT
Organisation type:
Other
Other names:
  • BLANCHMINSTER CHARITY (Previous name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

13 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
JOHN ADDICOTT Trustee 05 December 2025
None on record
PHILIP MICHAEL WALTER Trustee 03 January 2025
None on record
Dr Andrew Moss Trustee 03 November 2023
None on record
Jane Adams Trustee 07 October 2022
None on record
Patricia Irene Gliddon Trustee 06 March 2020
None on record
IAN MICHAEL SALTERN Trustee 02 November 2018
BINHAMY CASTLE TRUST
Received: On time
ANTHONY RICHARD JAMES Trustee 05 May 2017
None on record
DENISE YVONNE WELLINGTON Trustee 03 March 2017
None on record
SUSAN LAMBLE Trustee 03 June 2016
None on record
MR CHRIS NICHOLS Trustee
None on record
VALERIE ANN NEWMAN Trustee
None on record
JULIA MAY SHEPHERD Trustee
None on record
LEONARD MICHAEL JAMES TOZER Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2020 31/12/2021 31/12/2022 31/12/2023 31/12/2024
Total gross income £1.33m £511.26k £556.84k £546.68k £558.75k
Total expenditure £573.97k £587.88k £607.42k £729.19k £860.18k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £728.40k £2.13k £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £525.33k £503.20k £522.03k £544.89k £558.25k
Income - Other £0 £0 £0 £1.79k £504
Income - Legacies £728.40k £2.13k £0 £0 £0
Expenditure - Charitable activities £362.29k £340.11k £315.05k £422.77k £374.24k
Expenditure - Raising funds £211.68k £247.76k £292.37k £306.42k £485.94k
Expenditure - Governance £11.04k £11.61k £11.42k £12.44k £16.82k
Expenditure - Grants institution £36.74k £34.17k £22.62k £22.34k £15.66k
Expenditure - Investment management £211.68k £247.76k £292.37k £306.42k £485.94k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2020 31/12/2021 31/12/2022 31/12/2023 31/12/2024
Own use assets £86.87k £86.46k £88.26k £85.70k £86.24k
Long-term investments £11.73m £12.39m £12.39m £12.39m £12.20m
Other assets £1.29m £1.04m £999.65k £676.42k £204.58k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £55.11k £65.62k £75.31k £129.79k £57.59k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2024 23 July 2025 On time
Accounts and TAR 31 December 2024 23 July 2025 On time
Annual return 31 December 2023 25 October 2024 On time
Accounts and TAR 31 December 2023 31 October 2024 On time
Annual return 31 December 2022 14 November 2023 14 days late
Accounts and TAR 31 December 2022 14 November 2023 14 days late
Annual return 31 December 2021 14 November 2022 14 days late
Accounts and TAR 31 December 2021 14 November 2022 14 days late
Annual return 31 December 2020 07 March 2022 127 days late
Accounts and TAR 31 December 2020 07 March 2022 127 days late
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Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

SCHEME OF 16TH MARCH 1982 AS VARIED BY SCHEME OF 27TH JUNE 1988, SCHEME OF 12TH AUGUST 1991 AND SCHEME OF 7 AUGUST 1996, AND AMENDED BY SPECIAL RESOLUTION 4 JULY 1997. AS AMENDED BY RESOLUTION DATED 05 JUN 2023

Charitable objects

(1) FOR RELIEF IN NEED IN RELIEVING EITHER GENERALLY OR INDIVIDUALLY PERSONS RESIDENT IN THE AREA OF BENEFIT WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES CALCULATED TO REDUCE THE NEED, HARDSHIP OF DISTRESS OF SUCH PERSONS (2) THE PROMOTION OF EDUCATION (FOR FURTHER DETAILS, PLEASE SEE CLAUSES 29 TO 32 OF THE 1982 SCHEME)

Area of benefit

The area the charity can operate in, as set out in its governing document.

BUDE-STRATTON

Contact information

Address:
BLANCHMINSTER BUILDING
38 LANSDOWN ROAD
BUDE
CORNWALL
EX23 8BN
Phone:
01288352851
Email:
info@blanchminster.org.uk
Website:

www.blanchminster.org.uk Open in new window