THE FRESHFIELD FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £1,066,210 and an expendable endowment fund of £33,563,597, resulting in total net assets of £34,629,807. The trustees report adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. The charity generated a net movement in funds of £2,187,694, largely driven by investment gains, while incurring governance costs of £42,252.
What the accounts disclose
“Mr P A Moores, a trustee, made a donation of £900,000 (9 months to December 2023: £1,174,604) including gift aid to The Freshfield Foundation.” — page 24
“The Foundation is related to The Formby Land Trust, a registered charity, through P A Moores and P C Kurthausen being trustees of both charities.” — page 5
“Mr P A Moores, a trustee, made a donation of £900,000 (9 months to December 2023: £1,174,604) including gift aid to The Freshfield Foundation.” — page 24
“The Foundation is related to The Formby Land Trust, a registered charity, through P A Moores and P C Kurthausen being trustees of both charities.” — page 5
“Mr P A Moores, a trustee, made a donation of £900,000 (9 months to December 2023: £1,174,604) including gift aid to The Freshfield Foundation.” — page 24
“The Foundation is related to The Formby Land Trust, a registered charity, through P A Moores and P C Kurthausen being trustees of both charities.” — page 5
“Freshfield Research (a dormant company) was incorporated on 3 May 2011 and it is related to The Freshfield Foundation through having the same three trustees as directors” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- PATRICK APPLETON MOORESchair
- Burr Noland Carter
- ELIZABETH JANE POTTER
- PAUL CHARLES Kurthausen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £925k | £629k |
| 31/12/2023 | £311k | £1.1m |
| 05/04/2023 | £383k | £576k |
| 05/04/2022 | £325k | £284k |
| 05/04/2021 | £304k | £2.5m |
Common questions
Is THE FRESHFIELD FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted reserves of £1,066,210 and an expendable endowment fund of £33,563,597, resulting in total net assets of £34,629,807. The trustees report adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. The charity generated a net movement in funds of £2,187,694, largely driven by investment gains, while incurring governance costs of £42,252. Its FY2024 accounts were audited by Mitchell Charlesworth (Audit) Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| Evergreen Care UK | 1 | £500 |