QUINTESSENTIALLY FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net surplus of £728,987 for the year ended 31 December 2023, with total income of £1,585,770 against total expenditure of £856,783. Free undesignated reserves stood at £584,484, which the trustees confirm surpasses their stated policy target of six months' operating expenses. The independent auditors reported no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Staff earning in excess of £60,000 per annum was 1 in the band £80,000 - £89,999” — page 53
“Staff earning in excess of £60,000 per annum was 1 in the band £80,000 - £89,999” — page 53
“Our reserves policy dictates that we hold unrestricted and undesignated funds equivalent to six months worth of operating expenses.” — page 33
“Quintessentially (UK) Limited have provided facilities for rent and hire of equipment in the year of £nil (2022: £27,160), at no charge. Sir B W Elliot is a director and shareholder of Quintessentially (UK) Limited and Mr R Brooks is a shareholder through a family entity.” — page 55
“During the year the charity received donations of £105,000 (2022: £111,750) from the Trustees mostly from charitable foundations linked to their families.” — page 55
“Quintessentially (UK) Limited have provided facilities for rent and hire of equipment in the year of £nil (2022: £27,160), at no charge. Sir B W Elliot is a director and shareholder of Quintessentially (UK) Limited and Mr R Brooks is a shareholder through a family entity.” — page 55
“During the year the charity received donations of £105,000 (2022: £111,750) from the Trustees mostly from charitable foundations linked to their families.” — page 55
Leadership, per the charity’s website
- Sir Ben Elliot — Founder
Funders the charity credits
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (31/10/2014)
Trustees
- Dr PETER CROWTHERchair
- Andrew George Crawley
- BENJAMIN ELLIOT
- KHALED SAID
- Olivia Beth Brafman
- Ruth Rebecca Powys
- Sebastian Gaskell Lee
- Sonya Louise Timms
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.2m |
| 31/12/2023 | £1.6m | £857k |
| 31/12/2022 | £1.1m | £854k |
| 31/12/2021 | £1.1m | £640k |
| 31/12/2020 | £691k | £747k |
Common questions
Is QUINTESSENTIALLY FOUNDATION financially healthy?
The accounts state that the charity generated a net surplus of £728,987 for the year ended 31 December 2023, with total income of £1,585,770 against total expenditure of £856,783. Free undesignated reserves stood at £584,484, which the trustees confirm surpasses their stated policy target of six months' operating expenses. The independent auditors reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by TC Group.
What does the highest-paid employee of QUINTESSENTIALLY FOUNDATION earn?
Per its FY2023 accounts, the highest-paid employee was in the £80,000 - £89,999 band, and 1 employees earned over £60,000.
Who funds QUINTESSENTIALLY FOUNDATION?
Funders whose own accounts filings name QUINTESSENTIALLY FOUNDATION as a grant recipient include THE ERANDA ROTHSCHILD FOUNDATION, THE RORY AND ELIZABETH BROOKS FOUNDATION, THE ROTHERMERE FOUNDATION, THE HINDUJA FOUNDATION, THE SIR JOHN RITBLAT FAMILY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ERANDA ROTHSCHILD FOUNDATION | FY2024 | £300k |
| THE RORY AND ELIZABETH BROOKS FOUNDATION | FY2025 | £50k |
| THE ROTHERMERE FOUNDATION | FY2023 | £10k |
| THE HINDUJA FOUNDATION | FY2022 | £10k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | FY2024 | £5k |
| THE UKI CHARITABLE FOUNDATION | FY2023 | £5k |
| THE EARL FITZWILLIAM CHARITABLE TRUST | FY2025 | £3k |
| THE RORY AND ELIZABETH BROOKS FOUNDATION | FY2023 | £3k |
| GRAFF FOUNDATION | FY2022 | £1k |
| THE ERANDA ROTHSCHILD FOUNDATION | FY2023 | £0 |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | FY2023 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ADDERSTONE FOUNDATION | 1 | £1.2m |
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £4k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £0 |