THE STONEYGATE TRUST

Registered charity 1119976 · accounts filings on the Charity Commission register · also known as THE LEICESTER FOUNDATION

Latest income
£2.3m
Latest spending
£1.7m
Registered
2007
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity's unrestricted funds were £Nil at the year end, with total reserves held entirely in the expendable Endowment Fund at £7,347,936. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, supported by ongoing donations from trustee-controlled companies and investment income.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
The Income Fund reserve at 5 April 2023 was £Nil (2022: £Nil) and the Endowment Fund was £7,347,936 (2022: £10,268,217). — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Mr A S Walden, a Trustee, is engaged as a self-employed consultant to undertake research in potential grants. Included in professional fees is £27,630 (2022: £17,565) in relation to fees paid to Mr A S Walden, a Trustee.
Included in professional fees is £27,630 (2022: £17,565) in relation to fees paid to Mr A S Walden, a Trustee. £2,000 of these costs (2022: £1,000) are included within creditors. These fees were paid to Mr A S Walden as a self-employed consultant to provide research on prospective grants payable and for monitoring services on actual charitable grants and associated matters. — page 24
During the year gifts of £3,805,000 (2022: £2,525,000) were received from W A Capital Limited. Sir W L Adderley is the managing director and majority shareholder of W A Capital Limited. — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Sir W L Adderley, a Trustee, is the managing director and majority shareholder of W A Capital Limited, which made donations of £3,805,000. Sir W L Adderley is also a Director and Shareholder in Dunelm Group Plc, in which the Trust holds shares.
Included in professional fees is £27,630 (2022: £17,565) in relation to fees paid to Mr A S Walden, a Trustee. £2,000 of these costs (2022: £1,000) are included within creditors. These fees were paid to Mr A S Walden as a self-employed consultant to provide research on prospective grants payable and for monitoring services on actual charitable grants and associated matters. — page 24
During the year gifts of £3,805,000 (2022: £2,525,000) were received from W A Capital Limited. Sir W L Adderley is the managing director and majority shareholder of W A Capital Limited. — page 4
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Magma Audit LLP.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£2.3m
Total spending
£1.7m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£2.3m£1.7m
05/04/2024£14.9m£3.0m
05/04/2023£4.6m£7.5m
05/04/2022£3.9m£3.2m
05/04/2021£2.4m£1.9m

Common questions

Is THE STONEYGATE TRUST financially healthy?

The accounts state that the charity's unrestricted funds were £Nil at the year end, with total reserves held entirely in the expendable Endowment Fund at £7,347,936. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, supported by ongoing donations from trustee-controlled companies and investment income. Its FY2023 accounts were audited by Magma Audit LLP.

Who funds THE STONEYGATE TRUST?

Funders whose own accounts filings name THE STONEYGATE TRUST as a grant recipient include KIDNEY RESEARCH UK.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
KIDNEY RESEARCH UKFY2022£2.5m

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE JORDAN CHARITABLE FOUNDATION1£20k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Wavestone UK Trust.