THE ISBOURNE FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves have deteriorated to a negative £17,503, which is below the trustees' stated policy target of covering two months of charitable expenditure. The independent examiner notes that the charity suffered a significant adverse financial impact from the pandemic and faces ongoing challenges in covering core costs, though the trustees remain confident in their ability to continue as a going concern.
What the accounts disclose
“Unfortunately, this has not generated sufficient reserves as at 31 May 2023 to cover two months of charitable expenditure in accordance with the agreed reserves policy.”
Corporate structure
- Registered company of the charity Companies House 03141906
Trustees
- MICHAEL RICHARDSON RATCLIFFEchair
- Darren Mark Stevens
- JOANNA SARAH HILL
- Jacqueline Marie Labbe
- Jeremy Patrick Drinkwater
- PATRICIA ROSE RATCLIFFE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £161k | £183k |
| 31/05/2024 | £296k | £291k |
| 31/05/2023 | £240k | £258k |
| 31/05/2022 | £288k | £254k |
| 31/05/2021 | £116k | £169k |
Common questions
Is THE ISBOURNE FOUNDATION financially healthy?
The accounts state that unrestricted reserves have deteriorated to a negative £17,503, which is below the trustees' stated policy target of covering two months of charitable expenditure. The independent examiner notes that the charity suffered a significant adverse financial impact from the pandemic and faces ongoing challenges in covering core costs, though the trustees remain confident in their ability to continue as a going concern. Its FY2023 accounts were independently examined.
Who funds THE ISBOURNE FOUNDATION?
Funders whose own accounts filings name THE ISBOURNE FOUNDATION as a grant recipient include THE SIR JAMES ROLL CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE SIR JAMES ROLL CHARITABLE TRUST | FY2025 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL COMMISSION FOR THE EXHIBITION OF 1851 | 1 | £15k |