Charity Accounts Intelreading the accounts so you don’t have to

THE NGT FOUNDATION

Registered charity 1064635 · accounts filings on the Charity Commission register

Latest income
£3.2m
Latest spending
£4.4m
Registered
1997
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £3.1 million for the year ended 31 March 2025, driven by a £1.95 million loss on the revaluation of its investment property. Despite this loss, the charity maintained unrestricted general reserves of approximately £3.8 million, which the trustees consider adequate to meet the foundation's needs. The trustees confirmed the charity is a going concern with sufficient resources to meet obligations for the next twelve months.

What the accounts disclose

Reserves policy: no formal target set (held: £3.8m)
“There is no formal target set for the level of general reserves to be maintained outside this designation, but in recent years they have been maintained at around £5 million.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.2m
Total spending
£4.4m
Cost of raising funds
£786k
Reserves (reported)
£3.8m
Employees
0

Reported reserves equal ~10.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: City Of Westminster

Income and spending

Financial year endIncomeSpending
31/03/2025£3.2m£4.4m
31/03/2024£3.2m£2.3m
31/03/2023£2.6m£2.5m
31/03/2022£2.5m£2.1m
31/03/2021£3.0m£2.7m

Common questions

Is THE NGT FOUNDATION financially healthy?

The accounts state that the charity reported a net expenditure of £3.1 million for the year ended 31 March 2025, driven by a £1.95 million loss on the revaluation of its investment property. Despite this loss, the charity maintained unrestricted general reserves of approximately £3.8 million, which the trustees consider adequate to meet the foundation's needs. The trustees confirmed the charity is a going concern with sufficient resources to meet obligations for the next twelve months. Its FY2025 accounts were audited by Price Bailey LLP.

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.

FunderSimilar charities fundedAmount to them
THE MASTER CHARITABLE TRUST1£5.3m
THE ROTHSCHILD FOUNDATION1£980k
DEBMAR BENEVOLENT TRUST LIMITED1£190k
S P LOHIA FOUNDATION1£90k
THE VASEPPI TRUST1£75k
THE CHRISTOPHER AND HENRY OLDFIELD TRUST1£25k
THE JOHN BOOTH CHARITABLE FOUNDATION1£17k
THE LOPPYLUGS AND BARBARA MORRISON CHARITABLE TRUST1£17k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NATIONAL GALLERY TRUST.