THE SIR HENRY ROYCE MEMORIAL FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,976,045, providing a significant buffer against the charity's financial risks. The Trustees note that without substantial additional donations, the Foundation is expected to return to a deficit situation in the following year due to high maintenance costs for Hunt House. Despite this risk, the Trustees confirm adequate resources exist to continue operations for the foreseeable future.
What the accounts disclose
“The Reserves Policy reflects and addresses the financial risks as defined above.”
“Rental income received from R.R.E.C. Limited £72,744 (2024: £65,000) - Recharged by the Foundation to R.R.E.C Limited £32,904 (2024: £23,107) - Recharged by R.R.E.C. Limited to Foundation £8,028 (2024: £64,834)” — page 33
Corporate structure
- Registered company of the charity Companies House 06819026
Register events
- Received assets from another charity (23/03/2021)
Trustees
- Robert Douglas Fullerchair
- Clive Edward Green
- Giles Usher
- JANE ELIZABETH PEDLER
- John Francis Neale
- John Stephen Steward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £170k | £121k |
| 30/06/2024 | £93k | £151k |
| 30/06/2023 | £135k | £127k |
| 30/06/2022 | £164k | £161k |
| 30/06/2021 | £177k | £212k |
Common questions
Is THE SIR HENRY ROYCE MEMORIAL FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £1,976,045, providing a significant buffer against the charity's financial risks. The Trustees note that without substantial additional donations, the Foundation is expected to return to a deficit situation in the following year due to high maintenance costs for Hunt House. Despite this risk, the Trustees confirm adequate resources exist to continue operations for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VINEHILL TRUST | 1 | £1.1m |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £59k |
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £30k |
| THE KIRBY LAING FOUNDATION | 1 | £5k |