Industry ranking
Score of 97.33/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 May 2025 - 31 Oct 2025 | 25 Nov 2025 | 20 | 98% | 1% | 1% | 2% |
| 01 Nov 2024 - 30 Apr 2025 | 19 May 2025 | 19 | 99% | 1% | 0% | 1% |
| 01 May 2024 - 31 Oct 2024 | 05 Nov 2024 | 19 | 99% | 1% | 0% | 1% |
| 01 Nov 2023 - 30 Apr 2024 | 08 May 2024 | 18 | 98% | 2% | 0% | 2% |
| 01 May 2023 - 31 Oct 2023 | 14 Nov 2023 | 18 | 99% | 1% | 0% | 1% |
| 01 Nov 2022 - 30 Apr 2023 | 19 May 2023 | 20 | 94% | 6% | 0% | 6% |
| 01 May 2022 - 31 Oct 2022 | 14 Nov 2022 | 18 | 97% | 3% | 0% | 3% |
| 01 Nov 2021 - 30 Apr 2022 | 24 May 2022 | 19 | 99% | 1% | 0% | 1% |
| 01 May 2021 - 31 Oct 2021 | 19 Nov 2021 | 18 | 97% | 3% | 0% | 3% |
| 01 Nov 2020 - 30 Apr 2021 | 24 May 2021 | 1 | 88% | 12% | 0% | 12% |
| 01 May 2020 - 31 Oct 2020 | 19 Nov 2020 | 19 | 95% | 5% | 0% | 5% |
| 01 Nov 2019 - 30 Apr 2020 | 01 Jun 2020 | 17 | 97% | 3% | 0% | 3% |
| 01 May 2019 - 31 Oct 2019 | 18 Nov 2019 | 18 | 99% | 1% | 0% | 1% |
| 01 Nov 2018 - 30 Apr 2019 | 03 Jun 2019 | 18 | 93% | 7% | 0% | 7% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 20 | 92% | 7% | 1% | 8% |
| 01 Nov 2017 - 30 Apr 2018 | 25 May 2018 | 19 | 93% | 6% | 1% | 7% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 25 | 91% | 7% | 1% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days from receipt of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Charities Trust aims to pay suppliers of goods and services within its standard payment terms of 30 days from receipt of invoice. In the event that a dispute arises in relation to payment, the following staged process is in place to achieve resolution. Stage 1 Dispute is raised with Charities Trust’s Head of Finance. The Head of Finance investigates the matter and responds to the supplier within 5 working days. Stage 2 If the supplier is dissatisfied with the outcome of stage 1, the dispute is referred to Charities Trust’s Chief Governance Officer. The Chief Governance Officer investigates and responds to the supplier within 5 working days of stage 2 commencing. Stage 3 If the supplier is dissatisfied with the outcome of stage 2, the dispute is referred to Charities Trust’s Chief Executive Officer. The Chief Executive Officer investigates and responds to the supplier within 5 working days of stage 3 commencing. Stage 4 If the dispute has not been resolved to the satisfaction of the supplier at the end of stage 3, the matter is referred to Charities Trust’s Chair of the Governance Committee. The Chair will investigate and respond to the supplier within 5 working days. This is the final stage of Charities Trust’s dispute resolution process. In the unlikely event that the matter is still unresolved, the supplier is at liberty to take independent advice.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Charities Trust provides payroll giving and charitable donation processing services in the UK. It helps employers manage payroll giving, fundraising and corporate foundations, helps charities receive and reconcile donations from employers and employees, and gives giving platforms access to a network of vetted UK charities. The company states it has processed £1bn in donations over ten years and over 3 million payroll giving donations annually, supporting more than 23,000 charities. Clients cited include large corporates such as Coca-Cola Europacific Partners, NatWest Group and Nationwide. It operates on a not-for-profit fee basis, aiming to maximise funds reaching the charity sector, and is based in Liverpool.
Generated from the company's website and Companies House records. Sources: charitiestrust.org · charitiestrust.org · charitiestrust.org