THE RUDDOCK FOUNDATION FOR THE ARTS
Latest income
£2.7m
Latest spending
£1.3m
Registered
2010
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds no free unrestricted reserves, which were £Nil at the year end, while maintaining a large expendable endowment fund of approximately £25.9 million. The trustees confirm that the charity does not carry out any fundraising activities and relies on donations and investment income to fund its charitable grants.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“At 5 April 2024 free reserves, being the unrestricted income fund, were £Nil (2023: ENil). The trustees are satisfied with the level of free reserves held.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 05/04/2025)
Total income
£2.7m
Total spending
£1.3m
Cost of raising funds
£24k
Reserves (reported)
£26.9m
Employees
1
Trustees
- SIR PAUL MARTIN RUDDOCKchair
- ISABELLA SHAW RUDDOCK
- Lady Jill Shaw Ruddock
- STEPHEN MILES CHURCHILL GREEN
- Sophie Anna Ruddock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £2.7m | £1.3m |
| 05/04/2024 | £1.5m | £777k |
| 05/04/2023 | £1.5m | £422k |
| 05/04/2022 | £584k | £4.3m |
| 05/04/2021 | £1.6m | £644k |
Common questions
Is THE RUDDOCK FOUNDATION FOR THE ARTS financially healthy?
The accounts state that the charity holds no free unrestricted reserves, which were £Nil at the year end, while maintaining a large expendable endowment fund of approximately £25.9 million. The trustees confirm that the charity does not carry out any fundraising activities and relies on donations and investment income to fund its charitable grants. Its FY2024 accounts were audited by Saffery LLP.