SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS

Registered charity 1059922 · accounts filings on the Charity Commission register · also known as LOVE MUSGROVE, Somerset NHS Charity, TAUNTON AND SOMERSET NHS FOUNDATION TRUST GENERAL CHARITABLE FUNDS, TAUNTON AND SOMERSET NHS TRUST GENERAL CHARITABLE FUNDS, YEOVIL HOSPITAL CHARITY

Latest income
£1.5m
Latest spending
£1.5m
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated total income of £1,977,697 against charitable expenditure of £3,295,160, resulting in a net decrease in funds. Per the trustees' report, unrestricted reserves of £5,971,875 are held, which are well above the calculated minimum reserve requirement of £2,902,919, indicating sufficient liquidity to meet liabilities as they fall due.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£76k)
One employee had emoluments in excess of £60,000 (2023/24: 0) — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
One employee had emoluments in excess of £60,000 (2023/24: 0) — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sumer Auditco Limited.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Public fundraising profile: JustGiving — Somerset NHS Foundation Trust (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/03/2026)

Total income
£1.5m
Total spending
£1.5m
Cost of raising funds
£434k
Reserves (reported)
£6.3m
Employees
7

Reported reserves equal ~50.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/03/2026£1.5m£1.5m
31/03/2025£2.0m£3.7m
31/03/2024£7.3m£1.4m
31/03/2023£965k£794k
31/03/2022£842k£847k

Common questions

Is SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS financially healthy?

The accounts state that the charity generated total income of £1,977,697 against charitable expenditure of £3,295,160, resulting in a net decrease in funds. Per the trustees' report, unrestricted reserves of £5,971,875 are held, which are well above the calculated minimum reserve requirement of £2,902,919, indicating sufficient liquidity to meet liabilities as they fall due. Its FY2025 accounts were audited by Sumer Auditco Limited.

What does the highest-paid employee of SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

Who funds SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS?

Funders whose own accounts filings name SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS as a grant recipient include FRIENDS OF THE YEATMAN HOSPITAL.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
FRIENDS OF THE YEATMAN HOSPITALFY2023£78k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund01/06/2011£40k"Sensing our Past"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PORTSMOUTH HOSPITALS CHARITY.