THE RISMAN FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £74.9m at the year end, which the trustees consider to be in line with their stated policy target of £52.65m. The charity reported a net surplus of £21.4m for the year, driven by £20m in donations and £2.5m in investment income, resulting in a strong financial position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“During the year, the charity paid £1,875 (2024 - £1,875) donations to The Venture Partnership Foundation Limited, a charity in which Mr M A Risman is also a trustee.” — page 27
“Mr M A Risman, a trustee, paid expenses of £nil (2024 - £nil) on behalf of the charity. A balance of £4,560 was due to the Trustee at the year end (2024 - £4,560) relating to charity expenses paid by Mr Risman in previous years, which is included within other creditors above.” — page 27
“During the year, the charity paid £1,875 (2024 - £1,875) donations to The Venture Partnership Foundation Limited, a charity in which Mr M A Risman is also a trustee.” — page 27
“Mr M A Risman, a trustee, paid expenses of £nil (2024 - £nil) on behalf of the charity. A balance of £4,560 was due to the Trustee at the year end (2024 - £4,560) relating to charity expenses paid by Mr Risman in previous years, which is included within other creditors above.” — page 27
“During the year, the charity made a loan of £5,000 to The Risman Foundation, a company limited by guarantee registered in England and Wales number 15837689 of which all 4 trustees are also directors.” — page 27
Corporate structure
- Trading subsidiary: THE RISMAN FOUNDATION Companies House 15837689
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- MICHAEL ADAM RISMANchair
- Richard Aston
- Rowena Nason
- Simon Roberts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £22.5m | £1.1m |
| 31/03/2024 | £2.3m | £389k |
| 31/03/2023 | £25.1m | £137k |
| 31/03/2022 | £15.6m | £100k |
| 31/03/2021 | £9.4m | £64k |
Common questions
Is THE RISMAN FOUNDATION financially healthy?
The accounts state that the charity held unrestricted reserves of £74.9m at the year end, which the trustees consider to be in line with their stated policy target of £52.65m. The charity reported a net surplus of £21.4m for the year, driven by £20m in donations and £2.5m in investment income, resulting in a strong financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by PM+M Solutions for Business LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAILY THOMAS CHARITABLE FUND | 1 | £70k |