Can I claim Gift Aid, and are the trustees paid?
The register does not record Sutl Cazenove Charity Non-Ucits Fund as registered with HMRC for Gift Aid. Ask the charity before assuming a donation can be Gift Aided.
Community · Reg 1178342
Sutl Cazenove Charity Non-Ucits Fund
Also known as Sutl Cazenove Charity Multi-Asset Fund; Sutl Cazenove Charity Responsible Multi-Asset Fund · working names on the Charity Commission register
28 /100
Clarity score
Poor
Historical financial rating & register information
Register checked 23 October 2026 · latest accounts 2024
Official regulator data
Is Sutl Cazenove Charity Non-Ucits Fund a good charity?
Sutl Cazenove Charity Non-Ucits Fund scores 28/100 (2 stars, Poor) on CharityCompare's Clarity Score, calculated from its UK regulator filings. Its latest accounts year is 2024 (£51m total income, 0% cause spend, 3-yr avg). This reflects financial transparency and stewardship on paper — not the real-world impact of its programmes. See the full breakdown.
What red flags does Sutl Cazenove Charity Non-Ucits Fund have?
Income
£51m
Accounts 2024-03-31
Spending
£9.5m
Accounts 2024-03-31
Charitable activities
0%
Share of spending, accounts 2024-03-31
Accounts filing
Missing
Check register
On this pageJump to a section
London · UK-wide · EC2Y 5AU
Reg 1178342 Registered charity
Official website
Charity Commission register
What does Sutl Cazenove Charity Non-Ucits Fund do?
The SUTL Cazenove Charity Non-UCITS Fund (the "Trust") is an umbrella non-UCITS unit trust. The Trust currently operates two sub-trusts: The SUTL Cazenove Charity Multi-Asset Fund and the SUTL Cazenove Charity Responsible Multi-Asset Fund. The Trust is established exclusively to further the charitable purposes of the charities that directly or indirectly hold units in the sub-trusts.
Activities reported by the charity on the official register · extract . This is separate from the accounts data used for its rating.
Sutl Cazenove Charity Non-Ucits Fund hasn't added a description directly to CharityCompare yet. Work here? Add it free →
How much does Sutl Cazenove Charity Non-Ucits Fund raise and spend?
Accounts period 2023-04-01 to 2024-03-31 · Source: Charity Commission filings
| Category | Amount | % of spend |
|---|---|---|
| Total income | £51m | — |
| Total expenditure | £9.5m | — |
| Charitable activities | £0 | 0% |
| Fundraising | £9.5m | 100% |
| Reported governance | £0 | 0% |
Governance can already be allocated within other expenditure categories. It is not a separate measure of all administration costs; do not add these rows without checking the accounts notes.
How much does Sutl Cazenove Charity Non-Ucits Fund spend to raise £1 of donations?
Sutl Cazenove Charity Non-Ucits Fund reported no income from donations or legacies in 2024, so there is no figure for that year.
| Year | Donations & legacies | Raising-funds spend | Cost per £1 |
|---|---|---|---|
| 2024 | £0 | £9.5m | No donations |
| 2023 | £0 | £7.5m | No donations |
| 2022 | £0 | £5.5m | No donations |
| 2021 | £0 | £3.0m | No donations |
| 2020 | £0 | £2.5m | No donations |
Raising-funds spend from the charity's annual return, less any investment management costs, divided by its income from donations and legacies for the same accounts year. We don't show a figure when trading income is 10% or more of donations, because raising-funds spend also covers trading costs, such as running shops.
Legacies (gifts in wills) can swing a lot from year to year, which moves this figure. Trading income is not counted as donations. This is not a measure of impact or of how well the charity is run, and it is not part of the Clarity Score. How we calculate it. Source: Charity Commission annual returns, register extract dated 6 September 2026.
What changed in Sutl Cazenove Charity Non-Ucits Fund’s latest accounts?
Reported totals for 2024 compared with 2023. Changes can reflect the accounting period, restricted grants or restructuring as well as the charity’s work.
- Income change
- +56.4%
- £33m → £51m
- Spending change
- +26.3%
- £7.5m → £9.5m
- Charitable activities share
- +0.0 pp
- 0% → 0% · percentage points
These are annual figures. The Clarity Score may use averages across several disclosed years. Source: official accounts.
0%On charitable activities
How much of Sutl Cazenove Charity Non-Ucits Fund’s spending goes to charitable activities?
Latest accounts (2024) · £9.5m spent
- Fundraising100% · £9.5m
- Remaining expenditure0% · £12k
From the annual return
What does Sutl Cazenove Charity Non-Ucits Fund pay its staff, and where does its money come from?
Answers Sutl Cazenove Charity Non-Ucits Fund gave in its annual return to the Charity Commission, plus its register entry. These are the charity's own disclosures, not part of the Clarity Score.
Registration details
- Registered as a charity
- Also known as
- Sutl Cazenove Charity Multi-Asset Fund; Sutl Cazenove Charity Responsible Multi-Asset Fund
- Where it says it operates
- Throughout England and Wales
Source: Charity Commission register and annual return data, Open Government Licence v3.0. A blank answer in the return is shown as not reported, never as “no”.
How have Sutl Cazenove Charity Non-Ucits Fund's finances changed over five years?
Income rose 214% from £16m in 2020 to £51m in 2024; spending was £9.5m in 2024.
- Income
- Spending
- Cause spend
| Year | Income | Spending | Charitable activities |
|---|---|---|---|
| 2024 | £51m | £9.5m | £0 |
| 2023 | £33m | £7.5m | £0 |
| 2022 | £16m | £5.5m | £0 |
| 2021 | £11m | £3.1m | £0 |
| 2020 | £16m | £2.6m | £0 |
Cause spend is plotted only when the filing discloses a split · Source: Charity Commission filings
How is Sutl Cazenove Charity Non-Ucits Fund's Clarity Score of 28 worked out?
Detailed accountability and finance metrics from UK regulator filings — structured for transparency in our four-beacon report.
Accountability & Transparency
Baseline trust from filing discipline, board oversight, and declared governance policies.
20/100
| Metric | Score | Value |
|---|---|---|
| Filing history (5 years) No recorded lateness in available history = 15 pts · one late filing = 5 pts · two or more or unknown status = 0 pts. Missing data is not proof of late filing. | 0% | 0/15 pts |
| Trustee oversight Three or more trustees on the register = 15 pts, scaled down for fewer (governance red flag below three). | 33% | 1 trustee · 5/15 pts |
| Declared policies Safeguarding (4) · conflict of interest (3) · volunteer management (3) — from Charity Commission annual return. | 30% | 3/10 pts |
Financial Health
Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.
50/100
| Metric | Score | Value |
|---|---|---|
| Reserves (months of expenditure) 3–24 months = full marks, tapering on both sides · 0 months or 4+ years = 0 pts. Reserves are not necessarily cash; needs vary by operating model. | 0% | 0 months · 0/15 pts |
| Income stability / growth +20% or more over the window = 10 pts · flat = 5 pts · −20% or worse = 0 pts, scaled between. | 100% | 10/10 pts · 3-year average |
| Liabilities to assets 0% liabilities-to-assets = 5 pts, scaling down to 0 pts at 60%+ debt. | 100% | 1% · 5/5 pts |
Financial Efficiency
How efficiently funds reach the cause — program spend and fundraising cost ratios.
25/100
| Metric | Score | Value |
|---|---|---|
| Program expense ratio 90%+ on charitable activities = full marks, scaling down to 0 pts at 50% or below. | 0% | 0% · 0/10 pts (3-year average) |
| Fundraising efficiency ≤10p to raise £1 = full marks, scaling down to 0 pts at 40p or above (fundraising cost ÷ income). | 50% | 26p per £1 income · 5/10 pts (3-year average, disclosed years) |
Community Support
Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.
0/100
| Metric | Score | Value |
|---|---|---|
| Volunteer-to-staff ratio Volunteers at 2x staff or more = full marks · no volunteers = 0 pts, scaled between. | 0% | 0 volunteers / 0 staff · 0/10 pts |
How does Sutl Cazenove Charity Non-Ucits Fund compare?
The share of each group scoring at or below Sutl Cazenove Charity Non-Ucits Fund, including tied scores. A group matched on cause, income band and accounts year appears when at least ten records qualify. Broader groups below may mix reporting periods and operating models. Groups include this charity; percentiles measure our financial rating, not impact.
Income band (£10m+) 1stpercentile
Scores at or above 1% of 930 charities in its income band · 28/100 vs 76 peer average.
Community charities 1stpercentile
Scores at or above 1% of 201 charities in this cause · 28/100 vs 71 peer average.
How does Sutl Cazenove Charity Non-Ucits Fund compare, and where else can you look?
Compare Sutl Cazenove Charity Non-Ucits Fund with others
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How we score charities
Where Sutl Cazenove Charity Non-Ucits Fund sits
The causes this charity is classified under, and other charities working nearby.
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Top-rated peers by CharityCompare score
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- Heart of England Community Foundation 89/100 · £14m Compare these two →
- South Downs Leisure 87/100 · £12m Compare these two →
- The Vinehill Trust 86/100 · £14m Compare these two →
Evidence and interpretation
What the evidence says about Sutl Cazenove Charity Non-Ucits Fund
In 2024, reported income was £50,824,000 and expenditure was £9,512,000. Income exceeded expenditure by £41,312,000. This annual balance is not the charity’s available cash or unrestricted reserves.
More financial context
Income rose 56.4% compared with 2023. Read the accounts notes for restricted grants, legacies and one-off receipts before treating the movement as a trend.
Calculated from our dated accounts dataset, refreshed 2026-09-06. This is not an audit or a manual review of every filing. Original register and accounts · How calculations work.
Find the right support
Who it supports and how to access its work
Reported beneficiaries: Other Charities Or Voluntary Bodies.
How it works: Other Charitable Activities.
Use the official contact details to check eligibility, referrals, waiting lists and current service coverage. Broad register classifications and a contact address do not confirm that a particular service is available to you.
Explore source-checked support routesClassifications supplied to the register; extract 2026-10-23. Register contact and activity details · Website listed for this charity
Look beyond the score
Results and impact evidence
We have not added a source-checked programme outcome for this charity. That is a gap in this profile, not evidence that the charity has no impact. Its annual report may contain results that have not been assessed here.
Reported grants to institutions: £0 (2024-03-31). This is spending reported in the annual return, not a measure of beneficiary outcomes or an open grant opportunity. It may already be included in charitable expenditure. Check the source accounts.
What these results can tell you
Counts of services delivered describe activity. They do not by themselves establish lasting change, what would have happened without the programme, or cost-effectiveness. Results with different definitions, populations or years should not be ranked against each other.
What trust indicators does Sutl Cazenove Charity Non-Ucits Fund have?
Pulled from the Charity Commission register — filing behaviour, board size, and workforce where reported.
-
Accounts filed on time
Filing status: missing
-
Trustee board size (3–12)
1 trustees on the Charity Commission register
-
Workforce on register
0 employees · 0 volunteers
Fundraising Regulator
Not listed as member
Separate from our financial scores. Registration records a commitment to the Code of Fundraising Practice; it does not certify every fundraising activity.
Check Fundraising Regulator →Official register
Reg 1178342
Full trustee list, accounts, and regulatory history on the Charity Commission.
View on Charity Commission →Trustees & officers
- J P Morgan Europe Limited since 2018
How reliable is Sutl Cazenove Charity Non-Ucits Fund's data?
- Source
- Charity Commission (England & Wales)
- Accounts year
- 2024
- Filing date
- —
- Data refreshed
Low confidence — key filing data unavailable
Scores reflect the accounts in our dated data extract. The live register may contain newer filings. Clarity Score measures how clearly the charity accounts for money in those filings — not programme impact.
Check the current register entry · Report a data correction
Financial source extract: 2026-09-06. Organisation identifier: 5122052. Method version: 1.1. View method changes.
Contains public sector information licensed under the Open Government Licence v3.0. Sources: Charity Commission for England and Wales, Office of the Scottish Charity Regulator and Charity Commission for Northern Ireland. Open Government Licence v3.0 .
Your donation decision
What should you check before donating to Sutl Cazenove Charity Non-Ucits Fund?
-
1. Match the name and charity number
Check 1178342 on the official register. A real charity number alone does not prove that a fundraiser or appeal is authentic.
Verify the registration → -
2. Read the accounts in context
Our latest accounts data covers 2024. Compare the accounts period, spending and reserves. An administration cost ratio alone cannot tell you how effective a charity is.
Explore the financial evidence → -
3. Look for evidence of results
Read the trustees’ annual report for activities, outcomes and limitations. The Clarity Score measures public reporting; it does not establish the impact of a donation.
How to read charity accounts → -
4. Compare charities serving your cause
Compare up to four charities, check the dates behind their figures, and decide which work you want to support. Complete your donation through a verified charity channel.
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Frequently asked questions
Common questions about Sutl Cazenove Charity Non-Ucits Fund's rating, finances, and Charity Commission status.
Is Sutl Cazenove Charity Non-Ucits Fund a good charity?
Sutl Cazenove Charity Non-Ucits Fund scores 28 out of 100 (2 stars — Poor) on CharityCompare's Clarity Score, our independent read of its UK regulator filings. Around 0% of its spending goes to charitable activities (3-yr avg) and its accounts are missing. That reflects how transparent and financially healthy it looks on paper — it does not measure the real-world impact of its work, so treat it as one factor alongside the cause you care about. CharityCompare never tells you where to donate.
Is Sutl Cazenove Charity Non-Ucits Fund a legitimate charity?
The register data used for this profile lists Sutl Cazenove Charity Non-Ucits Fund as a registered charity (charity number 1178342). Verify it on the official register: https://register-of-charities.charitycommission.gov.uk/charity-details/?regId=1178342&subId=0. Check the current entry and the identity of anyone requesting money. Registration does not verify a particular appeal; Clarity Score summarises filing transparency, not programme impact.
What is Sutl Cazenove Charity Non-Ucits Fund's charity number?
Sutl Cazenove Charity Non-Ucits Fund's charity number is 1178342. Check that number on the official register (Charity Commission, OSCR or CCNI) or this CharityCompare profile before you donate — scammers sometimes reuse real numbers on fake appeals.
What is Sutl Cazenove Charity Non-Ucits Fund's charity rating?
Sutl Cazenove Charity Non-Ucits Fund scores 28 out of 100 on CharityCompare (2 stars — Poor). The Clarity Score (method v1.1) sums four pillars from UK regulator filings: Accountability & Transparency (40 pts), Financial Health (30), Financial Efficiency (20), and Community Support (10). Stars use the same bands as those labels — 90+ is 5★ Exceptional. It is not an impact ranking.
Does Sutl Cazenove Charity Non-Ucits Fund have reviews and complaints?
CharityCompare does not host public user reviews for Sutl Cazenove Charity Non-Ucits Fund. Instead you get a filing-based Clarity Score, cause spend, reserves and red flags such as late accounts (3 red flags on this profile: insufficient trustee oversight; poor filing history; high fundraising costs). For formal complaints about a charity, contact the Charity Commission, OSCR, CCNI or the Fundraising Regulator as appropriate.
How do I complain about Sutl Cazenove Charity Non-Ucits Fund?
Raise it with Sutl Cazenove Charity Non-Ucits Fund first, using the complaints contact on its own website (cazenovecharities.com). If you are unhappy with how it handled a complaint about fundraising, the Fundraising Regulator covers England, Wales and Northern Ireland, and the Scottish Fundraising Adjudication Panel covers Scotland. Serious concerns about how the charity is run, such as misuse of funds or risk to the people it helps, go to the Charity Commission.
How much of my donation reaches Sutl Cazenove Charity Non-Ucits Fund?
Across the recent disclosed accounts used for this score, 0% of Sutl Cazenove Charity Non-Ucits Fund's total spending went to charitable activities (3-yr avg across disclosed years). That is the closest official figure to "how much of your donation reaches the cause" — it is an average across all spending in the filing, not a pound-by-pound breakdown of an individual gift.
What are Sutl Cazenove Charity Non-Ucits Fund's overheads?
Across the recent disclosed accounts used for this score, fundraising costs were about 100% of total expenditure and fundraising plus separately reported governance figures amount to about 100% of expenditure (2022–2024, disclosed years); these categories can overlap, so this is not a distinct total of all administration costs at Sutl Cazenove Charity Non-Ucits Fund. The register does not show individual salaries; senior pay is disclosed in the trustees' annual report and accounts.
How much does Sutl Cazenove Charity Non-Ucits Fund spend to raise £1 of donations?
Sutl Cazenove Charity Non-Ucits Fund reported no income from donations or legacies in its 2024 accounts, so there is no cost to raise £1 for that year. Legacies can swing from year to year, and trading income such as shop sales is not counted as donations. This is a cost figure from the accounts, not a measure of impact, and it is not part of the Clarity Score.
How much income does Sutl Cazenove Charity Non-Ucits Fund receive?
Sutl Cazenove Charity Non-Ucits Fund reported £51m total income in its 2024 accounts, based on UK regulator filings. Five-year trend: growing.
Are Sutl Cazenove Charity Non-Ucits Fund's accounts up to date?
Filing status: missing. CharityCompare flags late or missing accounts separately from the financial score.
Where is Sutl Cazenove Charity Non-Ucits Fund based?
Sutl Cazenove Charity Non-Ucits Fund's registered contact address is in London (EC2Y 5AU). It tells the regulator it operates in England and Wales, with a focus on community.
Can I claim Gift Aid on a donation to Sutl Cazenove Charity Non-Ucits Fund?
The register does not record Sutl Cazenove Charity Non-Ucits Fund as registered with HMRC for Gift Aid. Ask the charity before assuming a donation can be Gift Aided.
When was Sutl Cazenove Charity Non-Ucits Fund registered as a charity?
Sutl Cazenove Charity Non-Ucits Fund was entered on the register on 11 May 2018.
How does CharityCompare score Sutl Cazenove Charity Non-Ucits Fund?
We calculate a Clarity Score of 0–100 from four pillars in Sutl Cazenove Charity Non-Ucits Fund's regulator filings: Accountability & Transparency (40 points — filing history, trustees, policies), Financial Health (30 — reserves, income trend, debt), Financial Efficiency (20 — cause spend and fundraising cost, on a graduated scale) and Community Support (10 — volunteer-to-staff ratio). An open statutory inquiry scores 0. The score measures reporting on paper, not programme impact. CharityCompare is free for donors, takes no commission on donations, and scores cannot be bought.
How often is this page updated?
This profile was last updated on 6 September 2026 from the latest UK regulator data available to CharityCompare, and Sutl Cazenove Charity Non-Ucits Fund's most recent accounts cover 2024. Scores and figures refresh whenever we re-ingest the register, so the page reflects our latest data pull rather than a one-off review.