THE GOLSONCOTT FOUNDATION
The Foundation's aim is to promote the arts generally and in particular the fine arts and music - the key criterion is excellence. Projects involving young people should offer a long-lasting connection between them and the art-form and a significant level of participation and achievement at a high standard.
Financial health, per its FY2025 accounts
The accounts state that net assets increased to £3,159,288, driven by a capital gain of £188,701 which offset a net income loss of £14,147. The trustees maintain a policy of holding approximately £50,000 in cash reserves to ensure six months of grant-making continuity. The independent examiner reported no matters requiring attention, confirming compliance with accounting records and regulations.
What the accounts disclose
“Investment income 107,094” — page 5
“An interest-bearing cash balance approximating to a £50,000 is held in the current account. All grants and expenses are paid from this account, which also amounts to a reserve; thus allowing the foundation to continuc its grant-making activitics for six months”
“A grant of £3000 was made to the Dunster Festival during the year; the unpaid artistic directors Rory McCleary and Rachel Wick arc the son-in-law and daughter of the Trustees Stephen Wick and Jo Lively.” — page 11
Funders the charity credits
- Heritage Lottery Foundation
Trustees
- JO LIVELYchair
- Eliza Thompson
- Emilio Salice
- Izzy Wick
- STEVE WICK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £109k | £123k |
| 30/06/2024 | £111k | £108k |
| 30/06/2023 | £103k | £99k |
| 30/06/2022 | £87k | £104k |
| 30/06/2021 | £80k | £75k |
Common questions
Is THE GOLSONCOTT FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that net assets increased to £3,159,288, driven by a capital gain of £188,701 which offset a net income loss of £14,147. The trustees maintain a policy of holding approximately £50,000 in cash reserves to ensure six months of grant-making continuity. The independent examiner reported no matters requiring attention, confirming compliance with accounting records and regulations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FUNDING NETWORK | 1 | £85k |
| THE LOVINGTON FOUNDATION | 1 | £39k |
| MANCHESTER CITY GALLERIES TRUST | 1 | £36k |
| The Portal Trust | 1 | £20k |
| NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST | 1 | £19k |
| THE CHILDHOOD TRUST | 1 | £13k |
Charities like this
- THE FREELANDS FOUNDATION LIMITED
- THE GOYAL FOUNDATION
- THE GOSLING FOUNDATION LIMITED
- ARTIS FOUNDATION
- THE FOUNDATION FOUNDATION
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GOLSONCOTT FOUNDATION | £109k | — | 0 | unclear | — | no doubt |
| THE FREELANDS FOUNDATION LIMITED | £298k | — | 4 | unclear | — | no doubt |
| THE GOYAL FOUNDATION | £5.0m | — | 0 | unclear | — | no doubt |
| THE GOSLING FOUNDATION LIMITED | £5.1m | — | 0 | unclear | — | no doubt |
| ARTIS FOUNDATION | £1.0m | — | 0 | unclear | — | no doubt |
| THE FOUNDATION FOUNDATION | £173k | — | 0 | above | — | no doubt |