THE JOSEPH AND LILIAN SULLY FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity generated net income of £433,175 and awarded grants totaling £649,579 during the year. Per the trustees' report, the charity holds expendable endowment funds of £15,816,799, which are intended to sustain investment income sufficient to cover donations and administration costs. The trustees and auditors confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“The Joseph and Lilian Sully Foundation has one wholly owned trading subsidiary; Joseph Sully Holdings Limited” — page 4
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- ALASTAIR COLLETT LLB
- Dionne Dixon
- JOHN MORTIMER
- MR P J TIMMS
- Stella Murphy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £433k | £863k |
| 31/03/2024 | £501k | £890k |
| 31/03/2023 | £448k | £1.2m |
| 31/03/2022 | £1.0m | £603k |
| 31/03/2021 | £522k | £474k |
Common questions
Is THE JOSEPH AND LILIAN SULLY FOUNDATION financially healthy?
The accounts state that the charity generated net income of £433,175 and awarded grants totaling £649,579 during the year. Per the trustees' report, the charity holds expendable endowment funds of £15,816,799, which are intended to sustain investment income sufficient to cover donations and administration costs. The trustees and auditors confirm the charity has adequate resources to continue as a going concern. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FRANK JACKSON FOUNDATION | 1 | £85k |
| THE PARGITER TRUST | 1 | £80k |
| ST EDMUNDS TRUST | 1 | £21k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £10k |
| PAUL AND LOUISE COOKE ENDOWMENT | 1 | £5k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 1 | £5k |
| THE AIM FOUNDATION | 1 | £3k |