THE ROTHERWICK FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity holds total reserves of £37,521,053, of which only £49,910 is unrestricted, with the remainder being restricted endowment funds. The charity's income is entirely dependent on grants from Elite Hotels, and the trustees aim to maintain free reserves equivalent to five years of average donations. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The trustees aim to maintain free reserves at foundation level equivalent to the value of the average of 5 years donations.” — page 4
“Whilst none of the trustees receive remuneration for their services as a trustee, in-line with the Foundation’s rules, Andrew Dixon - as their NED representative on the board of Elite Hotels receives appropriate remuneration for these services.” — page 5
“Mr A H W Dixon is a non-executive director of Elite Hotels (Rotherwick) Limited. Elite Hotels (Rotherwick) Limited donated administration and management services. The value of these services has been estimated at £30,000 (2024 - £30,000) and has been included within donations and administration.” — page 39
“The Grand Hotel (Eastbourne) Limited, a subsidiary company of Elite Hotels (Rotherwick) Limited, made donations of £200,000 (2024 - £nil) to the Foundation during the year.” — page 39
“Mr A H W Dixon is a non-executive director of Elite Hotels (Rotherwick) Limited. Elite Hotels (Rotherwick) Limited donated administration and management services. The value of these services has been estimated at £30,000 (2024 - £30,000) and has been included within donations and administration.” — page 39
“The Grand Hotel (Eastbourne) Limited, a subsidiary company of Elite Hotels (Rotherwick) Limited, made donations of £200,000 (2024 - £nil) to the Foundation during the year.” — page 39
“There are four indirect trading subsidiaries Elite Hotels (Rotherwick) Limited, Ashdown Park (Sussex) Limited, The Grand Hotel (Eastbourne) Limited and Tylney Hall Hotel Limited”
Corporate structure
- Trading subsidiary: TYLNEY HALL HOTEL LIMITED Companies House 01853685
- Trading subsidiary: ELITE HOTELS (ROTHERWICK) LIMITED Companies House 01899376
- Trading subsidiary: ASHDOWN PARK (SUSSEX) LIMITED Companies House 02708290
- Trading subsidiary: THE GRAND HOTEL (EASTBOURNE) LIMITED Companies House 03514189
Funders the charity credits
- Elite Hotels
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANDREW HENRY WARDE DIXON
- Colonel Phillippe Roland Rossiter
- Jonathan Michael Webb
- Mark Quentin Robinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £24.2m | £25.6m |
| 31/03/2024 | £51.8m | £16.6m |
| 31/03/2023 | £130k | £114k |
| 31/03/2022 | £103k | £6k |
| 31/03/2021 | £3k | £33k |
Common questions
Is THE ROTHERWICK FOUNDATION financially healthy?
The accounts state that the charity holds total reserves of £37,521,053, of which only £49,910 is unrestricted, with the remainder being restricted endowment funds. The charity's income is entirely dependent on grants from Elite Hotels, and the trustees aim to maintain free reserves equivalent to five years of average donations. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by PKF Francis Clark.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £211k |
| SF FOUNDATION | 1 | £80k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £50k |
| HURDALE CHARITY LIMITED | 1 | £50k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £50k |
| VHLT LTD | 1 | £35k |
| IGO FOUNDATION LIMITED | 1 | £30k |
| WISEHEIGHTS LIMITED | 1 | £30k |