THE PATRICK & HELENA FROST FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds were £nil at the year end, with the charity relying on its expendable endowment to cover deficits. The trustees consider this position reasonable given the availability of the expendable endowment, and the independent auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The unrestricted funds at 5 April 2023 were £nil (2022: £nil) which is considered reasonable given the availability of the expendable endowment.” — page 7
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Clare Nicola Janet Armitage
- DOMINIC BERTRAM CHARLES TAYLER
- Mark Hendriksen
- NEIL HENDRIKSEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £510k | £1.1m |
| 05/04/2024 | £531k | £771k |
| 05/04/2023 | £541k | £853k |
| 05/04/2022 | £481k | £967k |
| 05/04/2021 | £483k | £724k |
Common questions
Is THE PATRICK & HELENA FROST FOUNDATION financially healthy?
The accounts state that unrestricted funds were £nil at the year end, with the charity relying on its expendable endowment to cover deficits. The trustees consider this position reasonable given the availability of the expendable endowment, and the independent auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Saffery LLP.