1509 GROUP
Financial health, per its FY2025 accounts
The accounts state that the Group generated a net increase in funds of £1.3m for the year ended 31 July 2025, with total income of £30.7m and expenditure of £29.5m. Per the trustees' report, free reserves were £6.1m, which is slightly below the stated policy target of approximately £7m (equivalent to three months' operating expenditure). The Directors have adopted the going concern basis, confirming sufficient cash resources to meet obligations as they fall due.
What the accounts disclose
“Based on the Group’s 2025/26 budget, a reserves target of 3 months’ operating expenditure would mean holding approximately £7m reserves” — page 8
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- SARAH KATHLEEN CREEDY MAchair
- Astrid Jenn-McAuliffe
- Calvin Wright Ngwena
- Canon Simon Butler
- Dr Lorraine Susan Kendrick Linton
- Faye Emily Carter
- Karen Tania Atkinson
- Kristina Spasic
- LORD RUPERT CHARLES WILLIAM BULLARD ONSLOW
- NICHOLAS EDWARD JOHN VINEALL QC
- Nicola Katrin Vale Nelson-Smith
- Peta-Anne Barrow
- Profe Matthew James Humphreys
- Professor Helen Eleri Treharne
- Robert Nicholas Waterhouse
- STEPHEN JOHN MEREDITH
- Simon George Gimson
- Thomas Edward Lingard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £30.7m | £29.5m |
| 31/07/2024 | £30.9m | £27.2m |
| 31/07/2023 | £28.3m | £27.2m |
| 31/07/2022 | £26.6m | £24.3m |
| 31/07/2021 | £23.9m | £22.4m |
Common questions
Is 1509 GROUP financially healthy?
The accounts state that the Group generated a net increase in funds of £1.3m for the year ended 31 July 2025, with total income of £30.7m and expenditure of £29.5m. Per the trustees' report, free reserves were £6.1m, which is slightly below the stated policy target of approximately £7m (equivalent to three months' operating expenditure). The Directors have adopted the going concern basis, confirming sufficient cash resources to meet obligations as they fall due. Its FY2025 accounts were audited by HaysMac LLP.