Registered charities in England and Wales
Data for financial year ending 05 April 2018
The National Fund
- Tel: 01565 748822
- Zedra Fiduciary Services (Uk) Ltd, Booths Hall, Booths Park 3, Chelford Road, Knutsford, Cheshire, WA16 8GS
Aims & activities
The aim of the charity is to create a fund, that either on its own or combined with other funds is sufficient to discharge the national debt.
What the charity does
- General charitable purposes
- Economic/community development/employment
Who the charity helps
- The general public/mankind
How the charity works
- Provides other finance
Income and Endowments:
* £-3.3M investment gains(losses)
Assets and liabilities
- £0.0K Own use assets
- £502.4M Long term investments
- £0.0K Defined benefit pension scheme asset or liability
- £0.0K Other assets
- £3.6M Total liabilities
Charitable spending ratios
Ratios have to be put in context. They should be read in conjunction with the charity’s financial statements on which they’re based if they are to be interpreted correctly and sound conclusions drawn. For example the accounting rules affect what can be classed as income or expenditure. Where a charity which purchases land to further its objects the accounting rules do not permit including the purchase cost as charitable spending in its accounts. Instead it is ‘capitalised’ and shown on the balance sheet. Similarly a charity that receives an endowment it can’t spend may have a lower percentage of charitable spending as a proportion of income in the year of receipt as compared to the previous year as a result. Ratios may also be affected by the way a charity operates. For example, a charity which primarily generates income from investments may have lower cost of raising funds than one which employs fundraisers. A grant-making charity funding other charities to undertake an activity will have much lower staffing costs compared to a charity employing staff to perform that activity.
Charitable spending (including governance costs) as a percentage of the group’s total income available for charitable activities.
The charity group’s total income adjusted for the trading subsidiaries costs of income generation and other costs to give the percentage available to the parent for charitable spending.
The percentage of the charity’s total income retained for future use.
Accounts and trustees' annual report
THE TRUSTEES SHALL HOLD THE NATIONAL FUND UPON TRUST UNTIL THE DATE OF APPLICATION TO ACCUMULATE THE NET INCOME AND PROFIT THEREOF IN THE WAY OF COMPOUND INTEREST BY INVESTING SUCH INCOME AND PROFIT AND ALL RESULTING INCOME AND PROFIT FROM TIME TO TIME AND ON AND FROM THE TO DATE OF APPLICATION SHALL STAND POSSESSED OF THE NATIONAL FUND INCLUDING THE ACCUMULATIONS UPON TRUST THEN TO TRANSFER AND PAY THE SAME TO THE NATIONAL DEBT COMMISSIONERS TO BE APPLIED BY THEM IN REDUCTION OF THE NATIONAL DEBT. (A) THE DATE OF APPLICATION SHALL BE THE DATE FIXED AS SUCH BY THE TRUSTEES AS BEING THE DATE UPON AND AFTER WHICH EFFECT CAN BE GIVEN TO THE DESIRE OF THE FOUNDER OF THIS TRUST THAT THE NATIONAL FUND SHALL BE RETAINED AND ACCUMULATED UNTIL EITHER ALONE OR WITH OTHER FUNDS THEN PRESENTLY AVAILABLE FOR THE PURPOSE IT IS SUFFICIENT TO DISCHARGE THE NATIONAL DEBT PROVIDED THAT IF IN THE OPINION OF THE TRUSTEES AT ANY TIME OR TIMES NATIONAL EXIGENCIES SHALL REQUIRE AND THE TRUSTEES SHALL DETERMINE THAT SOME PART OF THE NATIONAL FUND SHALL BE FORTHWITH APPLIED IN REDUCTION OF THE NATIONAL DEBT THE TRUSTEES SHALL HAVE POWER TO GIVE EFFECT TO THAT DETERMINATION BY TRANSFERRING AND PAYING THAT PART TO THE NATIONAL DEBT COMMISSIONERS TO BE SO APPLIED BY THEM PROVIDED FURTHER THAT IT SHALL BE THE DUTY OF THE TRUSTEES TO KEEP IN HAND UNTIL THE DATE OF APPLICATION A SUBSTANTIAL PART OF THE NATIONAL FUND TO THE INTENT THAT EFFECT SHALL ULTIMATELY BE GIVEN TO THE DESIRE OF THE FOUNDER OF THIS, AS HEREIN EXPRESSED.
Governing documentTRUST DEED DATED 9TH JANUARY 1928, SUPPLEMENTAL DEED DATED 15TH MAY 1995
- 1 Trustees
- 0 Employees
- 0 Volunteers
|Trustee||Other trusteeships||Charity status|
|Zedra Fiduciary Services (Uk) Limited||None on record|
Areas of operation
List of regions
- Throughout England And Wales