THE SEABY FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £10,935 at the end of the reporting period, a significant decrease from £109,099 in the previous year. The charity also held bank balances of £19,891 and expendable endowment investments valued at £2,223,128. The trustees reported no uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Limited was paid £12,796 for trust administration and cash management services during the year under review. These fees are authorised under clause 13 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 13/11/2025 | £131k | £239k |
| 13/11/2024 | £71k | £23k |
| 13/11/2023 | £52k | £144k |
| 13/11/2022 | £39k | £59k |
| 13/11/2021 | £39k | £55k |
Common questions
Is THE SEABY FOUNDATION financially healthy?
The accounts state that the charity held free reserves of £10,935 at the end of the reporting period, a significant decrease from £109,099 in the previous year. The charity also held bank balances of £19,891 and expendable endowment investments valued at £2,223,128. The trustees reported no uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.