THE SUNNY SKIES FOUNDATION
The charity has broad charitable objects but the trustees intend to focus specifically on the dual aims of tackling poverty internationally and advancing healthcare in the UK through the provision of assistance to hospices, respite care homes and mental health charities
Financial health, per its FY2024 accounts
The accounts state that the charity's total funds decreased from £3,234,950 to £3,153,903 due to charitable expenditure exceeding investment income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Unrestricted reserves stood at £18,907, while the majority of assets (£3,134,996) were held in expendable endowment funds.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which provides sufficient funds to cover support costs and to respond to application for grants which arise from time to time.” — page 4
“At the year end the Foundation owes the trustees £11,124 (2023: £9,144) in respect of charitable expenditure paid by the trustees on behalf of the Foundation.” — page 13
Trustees
- MRS L HARDYchair
- MR R HARDY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £150k | £99k |
| 31/03/2024 | £56k | £137k |
| 31/03/2023 | £19k | £22k |
| 31/03/2022 | £0 | £301k |
| 31/03/2021 | £0 | £48k |
Common questions
Is THE SUNNY SKIES FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity's total funds decreased from £3,234,950 to £3,153,903 due to charitable expenditure exceeding investment income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Unrestricted reserves stood at £18,907, while the majority of assets (£3,134,996) were held in expendable endowment funds. Its FY2024 accounts were independently examined.