The Origin Foundation
General Charitable Purposes. Trustees Do Not accept any unsolicited applications
Financial health, per its FY2024 accounts
The accounts state that free reserves increased to £16,633, while the charity holds £912,470 in bank balances within an expendable endowment fund. The trustees maintain a policy of keeping free reserves available for future needs, contingencies, and risks. No material uncertainties regarding the charity's continuation as a going concern were identified.
What the accounts disclose
“A1 Receipts Addition from settlor Gift Aid Interest”
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Limited was paid £7,533 (2023: £5,196) for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.”
Trustees
- Abigail Emily Frankham
- David Andrew Foster
- HEATHER JANE FRANKHAM
- LUDLOW TRUST COMPANY LTD
- Nicholas Bamber
- Robert Sean Hingston
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/12/2024 | £38k | £85k |
| 01/12/2023 | £11k | £73k |
| 01/12/2022 | £0 | £828k |
| 01/12/2021 | £7k | £9k |
| 01/12/2020 | £2k | £12k |
Common questions
Is The Origin Foundation financially healthy?
Per its FY2024 accounts: The accounts state that free reserves increased to £16,633, while the charity holds £912,470 in bank balances within an expendable endowment fund. The trustees maintain a policy of keeping free reserves available for future needs, contingencies, and risks. No material uncertainties regarding the charity's continuation as a going concern were identified. Its FY2024 accounts were independently examined.