THE MAURICE UPPERTON FOUNDATION
The Foundation was formed to replace the Maurice Upperton Charitable Trust. This has now happened and the Foundation is now operational to support young people with their education and development of their commercial potential.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £136,677, which the Trustees consider sufficient to meet running costs against their policy target of three months' expenditure. The charity reported a net movement in funds of a deficit, with total incoming resources of £60,000 and charitable expenditure of £97,516 for the period.
What the accounts disclose
“Best practice holds that reserves equal three months of an organisation’s running costs. The Directors note that a total (unrestricted funds) amount of £136,677 is sufficient to meet the demands of the organisation’s running costs.” — page 6
“During the year, the charity received donation from Adrian Properties Limited of £60,000 (2024 £153,000). The balance due from Adrian Properties Limited at the year end was £112,486 (2024 £112,486) and is included within other debtors. H Coster and F Davies-Coster, who are the trustees of the charity are also the directors of Adrian Properties Limited. The amounts are unsecured, interest free and repayable on demand.” — page 19
“The charity owns the whole of the issued ordinary share capital of Adrian Properties Limited (company number: 00429172), a company registered in England and Wales. The activity of the company continues to be that of an investment property company.” — page 16
Register events
- Received assets from another charity (28/06/2016)
Trustees
- Ann Marguerite Berry
- Charlotte Elizabeth Coster
- Frances Davies-Coster
- HUGH GERVASE COSTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £60k | £98k |
| 31/03/2024 | £153k | £194k |
| 31/05/2023 | £180k | £9k |
| 31/05/2022 | £20k | £24k |
| 31/05/2021 | £20k | £30k |
Common questions
Is THE MAURICE UPPERTON FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £136,677, which the Trustees consider sufficient to meet running costs against their policy target of three months' expenditure. The charity reported a net movement in funds of a deficit, with total incoming resources of £60,000 and charitable expenditure of £97,516 for the period. Its FY2025 accounts were independently examined.