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.
Objects
THE OBJECTS OF THE CHARITY ARE TO FURTHER THE FOLLOWING CHARITABLE PURPOSESFOR THE BENEFIT OF CHILDREN AND YOUNG ADULTS WHO ARE RESIDENT OR ATTENDINGSCHOOLS OR OTHER EDUCATIONAL OR TRAINING ESTABLISHMENTS IN ENGLAND OR WALES,OR ARE UNDERGOING A COURSE OF EDUCATION OR TRAINING IN ENGLAND OR WALES, ANDWHO ARE IN NEED OF FINANCIAL ASSISTANCE ('BENEFICIARIES'):(1) TO ADVANCE THE PHYSICAL AND MENTAL EDUCATION AND TRAINING OF BENEFICIARIES;(2) TO ENABLE BENEFICIARIES TO STUDY AND PRACTISE SPORTS OR THE ARTS AS PART OF THEIREDUCATION OR TRAINING;(3) TO FURTHER THE SOCIAL AND MORAL TRAINING OF BENEFICIARIES THROUGH THEIR LEISURE TIME ACTIVITIES;(4) TO ASSIST BENEFICIARIES TO PREPARE FOR AND ESTABLISH THEMSELVES IN A TRADE,PROFESSION OR VOCATION OR TO EARN THEIR OWN LIVING.3.2 THIS CLAUSE MAY NOT BE AMENDED WITHOUT THE PRIOR WRITTEN CONSENT OF THECHARITY COMMISSION.
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
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Trustee expenses policy and procedures
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.