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up-to-date

Data for financial year ending 05 April 2018

The National Fund

  • Income

    £10.9M

  • Spending

    £1.5M

  • Status

    Up-to-date

Charity no. 1046814

Contact details

  • Tel: 01565 748822

Public address

  • 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:

£10.9M

* £-3.3M investment gains(losses)

Expenditure:

£1.5M

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
Financial history
Compliance history

Charitable spending ratios

0%
86%
86%

Charitable objects

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 document

TRUST DEED DATED 9TH JANUARY 1928, SUPPLEMENTAL DEED DATED 15TH MAY 1995

Organisation type

Standard registration

Policies

Risk management
Investment
  • 1 Trustees
  • 0 Employees
  • 0 Volunteers

Trustee board

Trustee Other trusteeships Charity status
Zedra Fiduciary Services (Uk) Limited None on record

Areas of operation

List of regions

  • Throughout England And Wales