THE DAVID LEAN FOUNDATION
The Charity's activities to achieve its objects include making awards (1) to other charities whose aims include similar aims (2) for Film student scholarships
Objects
1) TO PROMOTE AND ADVANCE EDUCATION AND TO CULTIVATE AND IMPROVE PUBLIC TASTE IN THE VISUAL ARTS IN PARTICULAR BY STIMULATING ORIGINAL AND CREATIVE WORK IN THE UNITED KINGDOM IN THE FIELD OF FILM PRODUCTION ( IN PARTICULAR INCLUDING SCREENPLAY WRITING AND FILM PRODUCTION AND FILM EDITING) AND BY ENCOURAGING A HIGH STANDARD OF ART AND TECHNIQUE IN PERSONS ENGAGED IN SUCH FILM PRODUCTION AND BY ENCOURAGING AND PROMOTING THE IMPROVEMENT OF THE STANDARD OF THE ARTS SCIENCES AND TECHNIQUES OF FILM PRODUCTION. 2) TO BENEFIT SUCH CHARITABLE INSTITUTION OR INSTITUTIONS OR OTHER CHARITABLE OBJECT OR OBJECTS IN ANY PART OF THE WORLD AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT TO SUPPORT OR ESTABLISH
Financial health, per its FY2025 accounts
The accounts state that the financial statements have been prepared on a basis other than going concern because the trustees intend to liquidate the charity and transfer its assets to the NFTS Foundation. Despite this impending closure, the charity held unrestricted reserves of £7,597,290 at the year end, significantly exceeding its stated policy target of 12 months' support costs (£69,508).
What the accounts disclose
“The Trustees intend to liquidate the charity and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.” — page 17
“The Foundation received a gift aid distribution from its subsidiary David Lean Films Ltd of £151,752 (2024: £nil).” — page 28
“M W Thowless-Reeves, a trustee of the Foundation until 1 September 2025 is the senior partner and designated member of Sorbus Partners LLP, who act as investment managers to the Foundation. During the year the Foundation was charged £3,874 (2024: £3,597) for investment manager fees for managing the investment portfolio on behalf of the Foundation.” — page 28
“The Foundation received a gift aid distribution from its subsidiary David Lean Films Ltd of £151,752 (2024: £nil).” — page 28
“M W Thowless-Reeves, a trustee of the Foundation until 1 September 2025 is the senior partner and designated member of Sorbus Partners LLP, who act as investment managers to the Foundation. During the year the Foundation was charged £3,874 (2024: £3,597) for investment manager fees for managing the investment portfolio on behalf of the Foundation.” — page 28
“The Foundation received a gift aid distribution from its subsidiary David Lean Films Ltd of £151,752 (2024: £nil).” — page 28
“M W Thowless-Reeves, a trustee of the Foundation until 1 September 2025 is the senior partner and designated member of Sorbus Partners LLP, who act as investment managers to the Foundation. During the year the Foundation was charged £3,874 (2024: £3,597) for investment manager fees for managing the investment portfolio on behalf of the Foundation.” — page 28
“The Foundation has a wholly owned trading subsidiary, David Lean Films Limited (Subsidiary), which collects film royalties, administers its own funds and makes gift aid distribution to the Foundation.” — page 21
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → not a going concern (FY2025).
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Has a trading subsidiary
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/12/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £7.3m | £258k |
| 31/12/2024 | £202k | £271k |
| 31/12/2023 | £167k | £230k |
| 31/12/2022 | £223k | £98k |
| 31/12/2021 | £251k | £196k |
Common questions
Is THE DAVID LEAN FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the financial statements have been prepared on a basis other than going concern because the trustees intend to liquidate the charity and transfer its assets to the NFTS Foundation. Despite this impending closure, the charity held unrestricted reserves of £7,597,290 at the year end, significantly exceeding its stated policy target of 12 months' support costs (£69,508). Its FY2025 accounts were audited by Affinia (Crawley).
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE KIRBY LAING FOUNDATION | 1 | £30k |
| THE MAURICE AND HILDA LAING CHARITABLE TRUST | 1 | £15k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £10k |
| THE MARTIN LAING FOUNDATION | 1 | £10k |
| AFPA TRUST | 1 | £2k |
Charities like this
- DAVID SIMON LEVIN FOUNDATION
- DO WELL FOUNDATION LIMITED
- THE HELEN AND DAVID HAINS (UK) FOUNDATION
- THE LINDEN CHARITABLE TRUST
- DAVID LYNCH FOUNDATION UK
- DARLINGTON LIONS CLUB
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DAVID LEAN FOUNDATION | £7.3m | — | — | above | — | not going concern |
| DAVID SIMON LEVIN FOUNDATION | £95k | — | 0 | above | — | no doubt |
| DO WELL FOUNDATION LIMITED | £66k | — | 0 | unclear | — | not going concern |
| THE HELEN AND DAVID HAINS (UK) FOUNDATION | £501k | — | 0 | unclear | — | no doubt |
| THE LINDEN CHARITABLE TRUST | £92k | — | 0 | unclear | — | no doubt |
| DAVID LYNCH FOUNDATION UK | £173k | — | 0 | above | — | no doubt |