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

The Charity's objectives are as follows" the trustees shall hold the trust fund upon trust to apply the income, and at their discretion, the capital, for any charitable purpose or purposes relating to the National Health Service mainly in Somerset".

Causes: The Advancement Of Health Or Saving Of Lives · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.5m
Latest spending
£1.5m
Registered
1996
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that total income was £1,480,218 against charitable expenditure of £1,495,086, resulting in a net decrease in funds. However, the charity holds unrestricted reserves of £6,285,760, which are well above the calculated minimum reserve requirement of £1,796,924. The auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“One employee received emoluments within the £60,001-£70,000 band. No employees fell into any higher bands.” — page 26
Per its FY2026 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee received emoluments within the £60,001-£70,000 band. No employees fell into any higher bands.” — page 26
Per its FY2026 accounts as filed with the Charity Commission.
Largest income source: Voluntary Donations (54% of income)
“Voluntary Donations (£801,358) ~ the pie chart, below, shows our main sources of funding. 54% of total income is termed voluntary donations” — page 6
Per its FY2026 accounts as filed with the Charity Commission.
Fundraising cost ratio: 33.1% of fundraised income, as disclosed
“Fundraising Costs of £391,025 (excluding support costs) complete the expenditure for the year.” — page 7
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by Sumer Auditco Limited. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2025 and FY2026 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.

Public profiles (found on the charity’s own website): facebook · instagram

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).

Per its annual return, cost of raising funds: 29.3% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

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?

Per its FY2026 accounts: The accounts state that total income was £1,480,218 against charitable expenditure of £1,495,086, resulting in a net decrease in funds. However, the charity holds unrestricted reserves of £6,285,760, which are well above the calculated minimum reserve requirement of £1,796,924. The auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2026 accounts were audited by Sumer Auditco Limited.

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

Per its FY2026 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 ASSOCIATION OF NHS CHARITIES, FRIENDS OF THE YEATMAN HOSPITAL, CLARK FOUNDATION, YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
ASSOCIATION OF NHS CHARITIESFY2021£411kGrants to members
FRIENDS OF THE YEATMAN HOSPITALFY2023£78kYeovil Hospital Charity
ASSOCIATION OF NHS CHARITIESFY2023£30kGrants awarded 2023
ASSOCIATION OF NHS CHARITIESFY2023£30kGrants awarded 2023
FRIENDS OF THE YEATMAN HOSPITALFY2022£10kMedical Facilities
CLARK FOUNDATIONFY2022£6k
ASSOCIATION OF NHS CHARITIESFY2022£5kGrant
ASSOCIATION OF NHS CHARITIESFY2022£5kGrant
YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATIONFY2022£2k
ASSOCIATION OF NHS CHARITIESFY2021£0Grants to members

Government & lottery funding

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

FunderDateAmountPurpose
Somerset Community Foundation03/07/2019£9kEquipment for Children's Ward
Somerset Community Foundation29/03/2019£250Activities for patients with dementia
Somerset Community Foundation04/12/2018£2kMRI Scanner Appeal
Somerset Community Foundation06/03/2017£1kEquipping the Discharge Lounge
The National Lottery Community Fund29/03/2016£49kTPP1 - Activities for Older Patients at Yeovil Hospital
The National Lottery Community Fund01/05/2014£10kEngage
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 STOCKPORT NHS FOUNDATION TRUST GENERAL FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS£1.5m£60,001 - £70,0001unclear33.1%no doubt
STOCKPORT NHS FOUNDATION TRUST GENERAL FUND FY2025£930k—0above—no doubt
PORTSMOUTH HOSPITALS CHARITY FY2025£963k—0unclear—no doubt
NORTH CUMBRIA HOSPITALS NHS CHARITY FY2025£359k—0unclear—no doubt
CALDERDALE AND HUDDERSFIELD NHS FOUNDATION TRUST CHARITABLE FUNDS FY2025£345k—0unclear42.6%no doubt
WALSALL HEALTHCARE NHS TRUST GENERAL CHARITABLE FUND FY2025£315k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.