THE PEGGY RAMSAY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £8,869,779, significantly exceeding the trustees' stated target of £20,000–£25,000. The charity reported a net increase in funds of £498,341 for the year, driven by investment income and a legacy, while maintaining a policy of making grants only from income to safeguard its capital endowment.
What the accounts disclose
“The free reserves target level set by the Trustees is between £20,000 and £25,000, which equates to approximately three months of operational costs, and this target has been met.”
“Two Trustees received fees totalling £2,000 (2023: £5,000) in relation to work performed in reviewing applications and approving The Peggy Ramsay Foundation / Channel 4 Playwrights bursaries.” — page 26
“The Foundation engages the services of a firm of solicitors in which one of the Trustees is a partner. The total fees charged amounted to £50,144 (2023: £40,000) net of VAT. The Trustee received no direct benefit from these fees.” — page 26
“Two Trustees received fees totalling £2,000 (2023: £5,000) in relation to work performed in reviewing applications and approving The Peggy Ramsay Foundation / Channel 4 Playwrights bursaries.” — page 26
“The Foundation engages the services of a firm of solicitors in which one of the Trustees is a partner. The total fees charged amounted to £50,144 (2023: £40,000) net of VAT. The Trustee received no direct benefit from these fees.” — page 26
“Two Trustees received fees totalling £2,000 (2023: £5,000) in relation to work performed in reviewing applications and approving The Peggy Ramsay Foundation / Channel 4 Playwrights bursaries.” — page 26
Trustees
- NEIL ADLEMANchair
- ELIZABETH HARRIET BALL
- Erica Whyman
- Gurpreet Kaur Bhatti
- HOLLY GAYLE KENDRICK
- Jack Lea
- Justin Audibert
- Leah Schmidt
- William Richard Mortimer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £497k | £458k |
| 31/12/2023 | £272k | £365k |
| 31/12/2022 | £273k | £385k |
| 31/12/2021 | £475k | £254k |
| 31/12/2020 | £230k | £269k |
Common questions
Is THE PEGGY RAMSAY FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £8,869,779, significantly exceeding the trustees' stated target of £20,000–£25,000. The charity reported a net increase in funds of £498,341 for the year, driven by investment income and a legacy, while maintaining a policy of making grants only from income to safeguard its capital endowment. Its FY2024 accounts were audited by Nyman Libson Paul LLP.
Who funds THE PEGGY RAMSAY FOUNDATION?
Funders whose own accounts filings name THE PEGGY RAMSAY FOUNDATION as a grant recipient include MARIA BJORNSON MEMORIAL FUND.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MARIA BJORNSON MEMORIAL FUND | FY2024 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| THE MASTER CHARITABLE TRUST | 1 | £323k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £15k |
| THE BORROWS CHARITABLE TRUST | 1 | £10k |