READING REAL ESTATE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net loss of £262,307 for the year ended 31 July 2025, resulting in total reserves of £1,014,974. The trustees have adopted a reserves policy target of twelve months of committed costs, and the current unrestricted reserves of £283,493 are below this stated policy target. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“A period of twelve months has been adopted as an appropriate minimum level of reserves.”
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Peter Michael Miskellchair
- Angelique Chettiparambil Rajan
- Ben Ingram
- Catherine Webster
- Christopher William Piers Staveley
- Eamonn D'Arcy
- James Trevor Walker
- Katherine Susanna Norton
- Kleio Akrivou
- Patrick James Allen
- Richard Bartlett Tranter
- Russell Paul Jewell
- Samantha Su-Mei Kempe
- VIRGINIA GIBSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £629k | £892k |
| 31/07/2024 | £630k | £770k |
| 31/07/2023 | £757k | £584k |
| 31/07/2022 | £576k | £583k |
| 31/07/2021 | £639k | £485k |
Common questions
Is READING REAL ESTATE FOUNDATION financially healthy?
The accounts state that the charity recorded a net loss of £262,307 for the year ended 31 July 2025, resulting in total reserves of £1,014,974. The trustees have adopted a reserves policy target of twelve months of committed costs, and the current unrestricted reserves of £283,493 are below this stated policy target. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Forvis Mazars.