SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS
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
“One employee had emoluments in excess of £60,000 (2023/24: 0)” — page 26
“One employee had emoluments in excess of £60,000 (2023/24: 0)” — page 26
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Leadership, per the charity’s website
- Graham Hughes — Chair
- James Kirton — Head of Charity
Structured financials (annual return, FY ending 31/03/2026)
Register events
- Received assets from another charity (28/10/2024)
- Received assets from another charity (11/01/2020)
- Received assets from another charity (11/01/2020)
- Received assets from another charity (21/09/2015)
- Received assets from another charity (21/09/2015)
- Received assets from another charity (21/09/2015)
Trustees
- SOMERSET NHS FOUNDATION TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount |
|---|---|---|
| FRIENDS OF THE YEATMAN HOSPITAL | FY2023 | £78k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 01/06/2011 | £40k | "Sensing our Past" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 1 | £92k |
| TOM AND SHEILA SPRINGER CHARITY | 1 | £29k |
| THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION | 1 | £16k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £15k |
| THE VICTORIA FOUNDATION | 1 | £9k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £3k |
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