POLDEN PUCKHAM CHARITABLE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £8,155,374 to £4,743,350 due to a spend-down strategy aimed at winding down the charity by 2028. The charity reported a net loss on investments of £106,843 and total expenditure of £3,509,308, primarily for grants. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern during the wind-down period.
What the accounts disclose
“Since the Foundation is not an operational one it does not need to have great continuous liquidity of reserves. The trustees consider that an appreciable amount of cash in the bank is appropriate given current market uncertainties in relation to the release of capital.” — page 6
“During the year, a grant amounting to £25,000 was awarded to Homerton College Cambridge for the establishment of a Centre for Systemic Change, of which one of the trustees is a cofounder. The trustee was not involved in discussions or any decision-making relating to the matter.” — page 27
Trustees
- Dr Dorothy Battinson Ballchair
- Cindy Forde
- Fiona Mairead Duggan
- JONATHAN GILLETT
- Simon Fisher
- Stephen Pittam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £204k | £3.5m |
| 05/04/2024 | £190k | £3.3m |
| 05/04/2023 | £213k | £3.1m |
| 05/04/2022 | £281k | £1.9m |
| 05/04/2021 | £283k | £870k |
Common questions
Is POLDEN PUCKHAM CHARITABLE FOUNDATION financially healthy?
The accounts state that unrestricted funds decreased from £8,155,374 to £4,743,350 due to a spend-down strategy aimed at winding down the charity by 2028. The charity reported a net loss on investments of £106,843 and total expenditure of £3,509,308, primarily for grants. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern during the wind-down period. Its FY2025 accounts were audited by BSN Associates Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £30k |
| GEMILLAS LTD | 1 | £20k |
| STARLOW CHARITIES LIMITED | 1 | £20k |
| BOURNEHEIGHTS LIMITED | 1 | £10k |
| GOLDHEART CHARITY LIMITED | 1 | £6k |
| T. A. G. TRUST LTD | 1 | £6k |
| STARVIEW CHARITY | 1 | £5k |
| TRUEDENE CO LIMITED | 1 | £5k |