THE JGW PATTERSON FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £148,052 for the year, resulting in unrestricted funds falling to a deficit of £36,789. This position is below the trustees' stated reserves policy target of £100,000. However, the trustees and auditors confirm the charity has adequate resources to continue as a going concern, supported by significant endowment assets and investment income.
What the accounts disclose
“There were no free reserves at 31 March 2025 (£36,789) (2024: £111,263) which did not meet the target level.” — page 6
“£28,733 (2024: £50,276) of legal and professional fees were payable to Sintons LLP, the charity's solicitors. Mr A G Dawson is a member of Sintons LLP. Payment of professional charges is permitted under paragraph 5(1) of the charity's memorandum of association.” — page 27
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alan Gordon Dawson
- Elizabeth Ruth Plummer
- MR D R GOLD
- PROFESSOR TIMOTHY EDWARD CAWSTON
- Professor David Alan Young
- Professor Steven Curtis Clifford
- STEPHEN THOMAS GILROY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £807k | £1.0m |
| 31/03/2024 | £908k | £1.1m |
| 31/03/2023 | £983k | £950k |
| 31/03/2022 | £954k | £1.0m |
| 31/03/2021 | £967k | £917k |
Common questions
Is THE JGW PATTERSON FOUNDATION financially healthy?
The accounts state that the charity incurred a net expenditure of £148,052 for the year, resulting in unrestricted funds falling to a deficit of £36,789. This position is below the trustees' stated reserves policy target of £100,000. However, the trustees and auditors confirm the charity has adequate resources to continue as a going concern, supported by significant endowment assets and investment income. Its FY2025 accounts were audited by Stephenson Coates Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CECIL PILKINGTON CHARITABLE TRUST | 2 | £22k |
| THE OAKDALE TRUST | 2 | £4k |
| THE MASON BIBBY 1981 TRUST | 2 | £2k |
| THE LIDBURY FAMILY TRUST | 1 | £61k |
| E B M CHARITABLE TRUST | 1 | £50k |
| ROBERT LUFF FOUNDATION LIMITED | 1 | £40k |
| THE REVERE CHARITABLE TRUST | 1 | £30k |
| THE EVELYN TRUST | 1 | £27k |