THE ALDAMA FOUNDATION
Other charities and art foundations.
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
“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
“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
“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
“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
“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
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- THE DICKINSON TRUST LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2024 accounts were audited by Martin and Company Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JEREMY ALEXANDER SETTLEMENT | 1 | £165k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £25k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £15k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £6k |
| THE DULVERTON TRUST | 1 | £5k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
| WHITEHEAD MONCKTON CHARITABLE FOUNDATION | 1 | £3k |
Charities like this
- THE PRIORY FOUNDATION
- THE SOUTH STREET GREEN ROOM FOUNDATION
- THE ABDALLA FOUNDATION
- VARGA FAMILY FOUNDATION
- THE HELPING FOUNDATION
- THE OCTOPUS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ALDAMA FOUNDATION | £625k | — | 0 | above | — | no doubt |
| THE PRIORY FOUNDATION | £160k | — | 0 | above | — | no doubt |
| THE SOUTH STREET GREEN ROOM FOUNDATION | £142k | — | 0 | above | — | no doubt |
| THE ABDALLA FOUNDATION | £220k | — | 0 | within | — | no doubt |
| VARGA FAMILY FOUNDATION | £337k | — | 0 | above | — | no doubt |
| THE HELPING FOUNDATION | £34.8m | — | 0 | above | — | no doubt |