THE CORTON HILL TRUST

Charity number: 1186843
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

General charitable purposes, with a particular focus on charities supporting organisations across Somerset, Dorset and East Devon. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Income and expenditure

Data for financial year ending 13 November 2024

Total income:
£4,421,000

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Donations and legacies £251.08k
Charitable activities £0
Other trading activities £0
Investments £210.18k
Other £3.96m

Total expenditure:
£4,247,782

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Raising funds £33.17k
Charitable activities £4.21m
Other £0

£1,162,780 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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £33.17k
Charitable expenditure £4.21m
Retained for future use £173.22k

People

3 Trustee(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 09 December 2019: Standard registration
Organisation type:
Trust
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Complaints policy and procedures
  • 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
  • Investment
  • Risk management
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease 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

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Ludlow Trust Company Ltd Trustee 05 July 2021
THE MARY STEPHANIE WARREN-COLEMAN TRUST
Received: On time
THE ROPER FAMILY CHARITABLE TRUST
Received: On time
THE KATHLEEN LAURENCE TRUST
Received: On time
THE PLASTOW FAMILY CHARITABLE TRUST
Received: On time
THE WESTCOTT FAMILY CHARITABLE TRUST
Received: On time
THE JECTUS CHARITABLE FOUNDATION
Received: On time
THE HSWJ TRUST
Received: On time
THE J VAN MARS FOUNDATION
Received: 1 day late
THE THOMPSON6 CHARITABLE TRUST
Received: On time
THE CARLILE FOUNDATION CHARITABLE TRUST
Received: On time
PAULINE MEREDITH CHARITABLE TRUST
Received: On time
JOSEPH ETTEDGUI CHARITABLE FOUNDATION
Received: On time
THE RELITHAN CHARITABLE TRUST
Received: On time
THE JOAN MARY WOODHAM HURRELL TRUST
Received: On time
THE TORNS CHARITABLE TRUST
Received: On time
THE WHITEWATER CHARITABLE TRUST
Received: On time
THE ETTLING CHARITABLE TRUST
Received: On time
THE DR CORAL IRMGARD ALLWORTHY CHARITABLE TRUST
Received: On time
THE PAYBACK TIME TRUST
Received: On time
THE REGINALD M PHILLIPS CHARITABLE FOUNDATION
Received: On time
THE CJM AND FAMILY CHARITABLE TRUST
Received: On time
THE FRAXINUS CHARITABLE TRUST
Received: On time
THE GNINWOD TRUST
Received: On time
MILLIE'S WATCH
Received: On time
THE ORKNEY CHERRY CHARITABLE TRUST
Received: On time
THE POLMAX CHARITABLE TRUST
Received: On time
THE 4 BETTER FOUNDATION
Received: On time
THE AITKEN FAMILY CHARITABLE TRUST
Received: On time
THE AQUEDUCT CHARITABLE TRUST
Received: On time
THE BROWN SOURCE TRUST
Received: On time
THE CHIGA CHARITABLE TRUST
Received: On time
THE EDWARD & CATHERINE WRAY CHARITABLE TRUST
Received: On time
THE HURST LEA FOUNDATION
Received: On time
THE LINDLEY FOUNDATION
Received: On time
MAURICE AND SUSAN ROTHSCHILD INCENTIVE TRUST
Received: On time
THE ROWLAND EDUCATIONAL FOUNDATION
Received: On time
THE SAMUEL FELDMAN NORTH EAST CORNER CHARITABLE TRUST
Received: On time
THE SCSJD CHARITABLE TRUST
Received: 23 days late
THE LINDSAY TRUST
Received: On time
The Brindle Foundation
Received: On time
THE PRAFARATA FOUNDATION
Received: On time
THE MARGARET ELIZABETH CORMACK CHARITABLE TRUST
Received: On time
THE KENNETH MONTAGUE DICKINSON CHARITABLE TRUST
Received: On time
THE DISCWORLD FOUNDATION
Received: On time
CATHERINE JOANNA ROBINSON Trustee 27 October 2019
None on record
NICHOLAS JAMES GRAY ROBINSON Trustee 27 October 2019
None on record

Financial history

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Financial period end date

Income / Expenditure 13/11/2020 13/11/2021 13/11/2022 13/11/2023 13/11/2024
Total gross income £554.21k £795.69k £1.03m £1.42m £4.17m
Total expenditure £582.44k £794.18k £1.12m £1.06m £4.25m
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 £6.25m £4.96m £50.00k £0 £251.08k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £6.25m £4.96m £50.00k £0 £251.08k
Income - Investment £62.40k £159.40k £209.06k £253.12k £210.18k
Income - Other £491.81k £638.29k £819.23k £1.17m £3.96m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £558.20k £747.87k £1.07m £1.01m £4.21m
Expenditure - Raising funds £24.24k £46.32k £52.69k £46.50k £33.17k
Expenditure - Governance £6.30k £2.10k £47.83k £2.10k £2.10k
Expenditure - Grants institution £524.03k £704.55k £1.02m £976.05k £4.18m
Expenditure - Investment management £24.24k £46.32k £52.69k £46.50k £33.17k
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 13/11/2020 13/11/2021 13/11/2022 13/11/2023 13/11/2024
Own use assets £0 £0 £0 £0 £0
Long-term investments £6.85m £11.31m £10.28m £9.47m £6.81m
Other assets £313.16k £1.55m £502.35k £752.78k £785.39k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £10.35k £13.38k £13.00k £11.81k £9.48k

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 13 November 2024 11 September 2025 On time
Accounts and TAR 13 November 2024 11 September 2025 On time
Annual return 13 November 2023 02 April 2024 On time
Accounts and TAR 13 November 2023 02 April 2024 On time
Annual return 13 November 2022 06 September 2023 On time
Accounts and TAR 13 November 2022 06 September 2023 On time
Annual return 13 November 2021 04 October 2022 21 days late
Accounts and TAR 13 November 2021 04 October 2022 21 days late
Annual return 13 November 2020 05 October 2021 22 days late
Accounts and TAR 13 November 2020 05 October 2021 22 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.

TRUST DEED DATED 14 NOV 2019

Charitable objects

THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF SUCH CHARITIES OR SUCH EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAWS OF ENGLAND AND WALES IN ANY PART OF THE WORLD (OBJECTS) AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.

Contact information

Address:
Ludlow Trust Co Ltd
Tower Wharf
Cheese Lane
BRISTOL
BS2 0JJ
Phone:
01173138200
Email:
charitabletrusts@ludlowtrust.com
Website:

https://funding.ludlowtrust.com Open in new window