PAUL SMITH'S FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves totalled £217,073 at year-end, which the trustees consider sufficient to fund the grant programme and cover unplanned expenditure. The charity reported a net loss of £2,110,544 for the year, primarily driven by a £2,305,668 loss on investments, resulting in total unrestricted funds decreasing to £17,128,683.
What the accounts disclose
“The trustees aim to provide sufficient funds to cover the existing level of grants committed as well as provide a long term fund from which its charitable activities can be increased in the future.” — page 6
Corporate structure
- Registered company of the charity Companies House 03346635
Trustees
- Ben Parker
- Christopher Edward Carson
- Heather Louise Sturdy
- Mary Sancroft Findlay
- SEAN GRAHAM BAKER
- SIR PAUL SMITH
- Toby Matthew Rhet Monk
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £423k | £228k |
| 30/06/2024 | £160k | £299k |
| 30/06/2023 | £201k | £491k |
| 30/06/2022 | £133k | £315k |
| 30/06/2021 | £133k | £317k |
Common questions
Is PAUL SMITH'S FOUNDATION financially healthy?
The accounts state that unrestricted free reserves totalled £217,073 at year-end, which the trustees consider sufficient to fund the grant programme and cover unplanned expenditure. The charity reported a net loss of £2,110,544 for the year, primarily driven by a £2,305,668 loss on investments, resulting in total unrestricted funds decreasing to £17,128,683. Its FY2025 accounts were audited by Moore Kingston Smith LLP.