THE UK FRIENDS OF THE UNIVERSITY OF AUCKLAND
Financial health, per its FY2025 accounts
The accounts state that total funds decreased significantly from £95,706 to £23,592 due to a net movement in funds of (£72,114). The charity reports no formal reserves policy, aiming to keep reserves low by maximizing grants, with free unrestricted reserves standing at £4,967. Trustees confirm adequate resources for going concern, noting that all administrative and governance costs are covered by the University of Auckland.
What the accounts disclose
“The Trustees consider that the objects of the charity are best met by keeping reserves as low as possible by maximising grants to the University of Auckland Foundation as soon as practically possible and generally at least twice a year, hence a formal reserves policy is not currently required.” — page 5
“The University of Auckland has agreed that it will meet the costs and disbursements of an administrative service provided by Chapel & York Ltd including accounts preparation and independent examination. During the year ended 5 April 2025 the University paid £9,640 (2024 - £9,400) to Chapel & York Ltd including £2,640 (2024 - £2,400) to the Independent Examiner.” — page 17
“During the year Eric Tracey, a charity trustee and the chair of trustees, donated £Nil (2024 - £72,800) (excluding gift aid) to the charity towards a Fellowship in Infectious diseases research and £3,000 (2024 £3,000) towards a UK Friends of the University of Auckland Alumni Scholarship.” — page 17
“The University of Auckland has agreed that it will meet the costs and disbursements of an administrative service provided by Chapel & York Ltd including accounts preparation and independent examination. During the year ended 5 April 2025 the University paid £9,640 (2024 - £9,400) to Chapel & York Ltd including £2,640 (2024 - £2,400) to the Independent Examiner.” — page 17
“During the year Eric Tracey, a charity trustee and the chair of trustees, donated £Nil (2024 - £72,800) (excluding gift aid) to the charity towards a Fellowship in Infectious diseases research and £3,000 (2024 £3,000) towards a UK Friends of the University of Auckland Alumni Scholarship.” — page 17
“The University of Auckland has agreed that it will meet the costs and disbursements of an administrative service provided by Chapel & York Ltd including accounts preparation and independent examination. During the year ended 5 April 2025 the University paid £9,640 (2024 - £9,400) to Chapel & York Ltd including £2,640 (2024 - £2,400) to the Independent Examiner.” — page 17
“During the year Eric Tracey, a charity trustee and the chair of trustees, donated £Nil (2024 - £72,800) (excluding gift aid) to the charity towards a Fellowship in Infectious diseases research and £3,000 (2024 £3,000) towards a UK Friends of the University of Auckland Alumni Scholarship.” — page 17
“The University of Auckland has agreed that it will meet the costs and disbursements of an administrative service provided by Chapel & York Ltd including accounts preparation and independent examination. During the year ended 5 April 2025 the University paid £9,640 (2024 - £9,400) to Chapel & York Ltd including £2,640 (2024 - £2,400) to the Independent Examiner.” — page 17
“During the year Eric Tracey, a charity trustee and the chair of trustees, donated £Nil (2024 - £72,800) (excluding gift aid) to the charity towards a Fellowship in Infectious diseases research and £3,000 (2024 £3,000) towards a UK Friends of the University of Auckland Alumni Scholarship.” — page 17
“The University of Auckland has agreed that it will meet the costs and disbursements of an administrative service provided by Chapel & York Ltd including accounts preparation and independent examination. During the year ended 5 April 2025 the University paid £9,640 (2024 - £9,400) to Chapel & York Ltd including £2,640 (2024 - £2,400) to the Independent Examiner.” — page 17
“During the year Eric Tracey, a charity trustee and the chair of trustees, donated £Nil (2024 - £72,800) (excluding gift aid) to the charity towards a Fellowship in Infectious diseases research and £3,000 (2024 £3,000) towards a UK Friends of the University of Auckland Alumni Scholarship.” — page 17
Trustees
- ERIC FRANK TRACEYchair
- Bronwyn Fitzpatrick
- Jon Vollemaere
- Lady Rosemary Buchanan
- Matthew Barrett
- Misti Louise Melville
- Professor Michael Charles Radcliffe Davies
- Robert Whitehouse
- Seth Rankin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £136k | £208k |
| 05/04/2024 | £214k | £213k |
| 05/04/2023 | £225k | £173k |
| 05/04/2022 | £201k | £274k |
| 05/04/2021 | £138k | £81k |
Common questions
Is THE UK FRIENDS OF THE UNIVERSITY OF AUCKLAND financially healthy?
The accounts state that total funds decreased significantly from £95,706 to £23,592 due to a net movement in funds of (£72,114). The charity reports no formal reserves policy, aiming to keep reserves low by maximizing grants, with free unrestricted reserves standing at £4,967. Trustees confirm adequate resources for going concern, noting that all administrative and governance costs are covered by the University of Auckland. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LPW LIMITED | 1 | £133k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| JEG TRUST LIMITED | 1 | £40k |
| UOHC FOUNDATION LTD | 1 | £25k |
| MAYFAIR CHARITIES LIMITED | 1 | £21k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| WOODLANDS GREEN LTD | 1 | £10k |