Charity Accounts Intelreading the accounts so you don’t have to

THE ALDAMA FOUNDATION

Registered charity 1126791 · accounts filings on the Charity Commission register

Latest income
£625k
Latest spending
£777k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £3,340,374, providing a buffer above the stated intention to sustain funds for grants and administration costs. The charity reported a net outgoing resource of £163,737, offset by significant investment gains, resulting in a net increase in funds. The trustees confirm the charity is a going concern with adequate resources to continue operations.

What the accounts disclose

Reserves policy: sufficient funds for the level of grants paid and to cover the Charity's management and administration costs (held: £3.3m)
“It is the intention of the Trustee to sustain the unrestricted funds at a level which will provide sufficient funds for the level of grants paid and to cover the Charity's management and administration costs.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Dickinson Trust Limited charged administration expenses of £30,649.
“In the financial year to 5 April 2024 the Trustee did not receive any remuneration or have its expenses reimbursed by the Charity. Dickinson Trust Limited charged administration expenses of £30,649 [2023: £30,442].” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Administration expenses charged by Dickinson Trust Limited (the Trustee).
“During the year administration expenses of £30,649 were charged by Dickinson Trust Limited (trustee). The amount of £2,500 plus VAT was charged by Martin and Company Audit Limited for their Independent Audit of these Financial Statements” — page 15
“During the year the Charity incurred fees of £2,410 [2023: £2,893] from Millbank Financial Services Limited ('MFS') for their Portfolio Stewardship service. The Hon H M T Gibson, The Hon C A Pearson and Mr M P Harris (Directors of The Dickinson Trust Limited) are Directors of MFS.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Portfolio Stewardship fees paid to Millbank Financial Services Limited, where directors of the Trustee are also directors.
“During the year administration expenses of £30,649 were charged by Dickinson Trust Limited (trustee). The amount of £2,500 plus VAT was charged by Martin and Company Audit Limited for their Independent Audit of these Financial Statements” — page 15
“During the year the Charity incurred fees of £2,410 [2023: £2,893] from Millbank Financial Services Limited ('MFS') for their Portfolio Stewardship service. The Hon H M T Gibson, The Hon C A Pearson and Mr M P Harris (Directors of The Dickinson Trust Limited) are Directors of MFS.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations of investments from Settlors.
“During the year administration expenses of £30,649 were charged by Dickinson Trust Limited (trustee). The amount of £2,500 plus VAT was charged by Martin and Company Audit Limited for their Independent Audit of these Financial Statements” — page 15
“During the year the Charity incurred fees of £2,410 [2023: £2,893] from Millbank Financial Services Limited ('MFS') for their Portfolio Stewardship service. The Hon H M T Gibson, The Hon C A Pearson and Mr M P Harris (Directors of The Dickinson Trust Limited) are Directors of MFS.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Martin and Company Audit Limited.

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

Total income
£625k
Total spending
£777k
Cost of raising funds
£2k
Reserves (reported)
£3.0m
Employees
0

Reported reserves equal ~46.7 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
05/04/2025£625k£777k
05/04/2024£876k£1.0m
05/04/2023£711k£630k
05/04/2022£797k£3.3m
05/04/2021£55k£882k

Common questions

Is THE ALDAMA FOUNDATION financially healthy?

The accounts state that unrestricted reserves stood at £3,340,374, providing a buffer above the stated intention to sustain funds for grants and administration costs. The charity reported a net outgoing resource of £163,737, offset by significant investment gains, resulting in a net increase in funds. The trustees confirm the charity is a going concern with adequate resources to continue operations. Its FY2024 accounts were audited by Martin and Company Audit Limited.

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
JEREMY ALEXANDER SETTLEMENT1£119k
THE REISNER CHARITABLE FOUNDATION LTD1£5k
THE SIR BERNARD & LADY SCHREIER FOUNDATION1£4k
THE CHRISTOPHER AND HENRY OLDFIELD TRUST1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PRIORY FOUNDATION.