THE RODDICK FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity spent £1,963,883 on charitable activities and governance, funded by investment income of £398,431 and a transfer of £1,905,590 from its endowment fund. The trustees report that free reserves were £nil, noting they can draw from the expendable endowment to meet operational needs, and the auditor confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The free reserves of the Foundation at 31 March 2025 were £nil (2024 - £nil). The Trustees are able to draw funds from the expendable endowment fund to meet the operational needs and grant commitments made.” — page 7
Trustees
- MR G RODDICKchair
- JUSTINE RODDICK
- MS TINA SCHLIESKE
- SAMANTHA RODDICK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £399k | £2.0m |
| 31/03/2024 | £396k | £1.9m |
| 31/03/2023 | £315k | £1.8m |
| 31/03/2022 | £268k | £1.8m |
| 31/03/2021 | £242k | £1.5m |
Common questions
Is THE RODDICK FOUNDATION financially healthy?
The accounts state that the charity spent £1,963,883 on charitable activities and governance, funded by investment income of £398,431 and a transfer of £1,905,590 from its endowment fund. The trustees report that free reserves were £nil, noting they can draw from the expendable endowment to meet operational needs, and the auditor confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Xeinadin Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CBRE UK CHARITABLE TRUST | 1 | £250 |