JAMES PERCY FOUNDATION
Latest income
£836k
Latest spending
£2.7m
Registered
2011
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted net reserves increased to €38,347,830, driven by a large donation and investment gains. The trustees consider these reserves necessary to ensure long-term viability given volatile incoming donations. The charity reports adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Employees paid over £60,000: 1
“One employee (2022: no employee) drew a salary above €70,000 (£60,000) per annum, specifically falling between €70,000 and €80,000 for the year ended 31 December 2023.”
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: 3-6 months of normal expenditure (held: £44.8m)
“their policy is to maintain cash available for the following 3-6 months’ normal expenditure. Typically, the Charity holds cash of between €400,000 and €600,000”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Note 12
“One unrestricted donation was received from Amaranth Invest Limited which is owned and controlled by one of the Foundation’s trustees. The donation was for the amount of €10,264,045 (2022: none) and the purpose of the donation is for the Foundation to spend it in accordance with its current objectives. There are no further conditions imposed upon this donation and it was made with no expectation of repayment.” — page 34
Per its FY2023 accounts as filed with the Charity Commission.
Year-over-year changes
- Employees paid over £60,000: 0 (FY2022) → 1 (FY2023).
Structured financials (annual return, FY ending 31/12/2024)
Total income
£836k
Total spending
£2.7m
Cost of raising funds
£208k
Reserves (reported)
£33.5m
Employees
2
Trustees
- Eduard Huntingford Lhuillier
- Henry Page
- Kevin Daniel Rosenberg
- MARTINE HELENE SUZANNE LHUILLIER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £836k | £2.7m |
| 31/12/2023 | £9.6m | £2.1m |
| 31/12/2022 | £529k | £2.1m |
| 31/12/2021 | £617k | £2.0m |
| 31/12/2020 | £839k | £2.2m |
Common questions
Is JAMES PERCY FOUNDATION financially healthy?
The accounts state that unrestricted net reserves increased to €38,347,830, driven by a large donation and investment gains. The trustees consider these reserves necessary to ensure long-term viability given volatile incoming donations. The charity reports adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Buzzacott LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| POLDEN PUCKHAM CHARITABLE FOUNDATION | 1 | £2k |