THE JOHN STRUTT MEMORIAL FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds increased to £4,488,386, supported by significant revaluation gains on investment properties. However, the charity generated a net deficit of £60,800 from operations, excluding these gains, and currently holds reserves below its stated policy target due to ongoing improvement works. The trustees confirm adequate resources for going concern but note delays in property transfers from the late John Strutt's estate.
What the accounts disclose
“Due to the expenditure incurred in ongoing improvement work to the charity's investment properties it has not been possible to meet this level of reserves.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CHRISTOPHER METCALFE-GIBSONchair
- EDMUND MICHAEL PENROSE
- PETER DAVID GODFREY MCCORMICK OBE
- Richard Kenneth Greaves
- Richard de Robeck
- WILLIAM TELFER-SMOLLETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £622k | £143k |
| 31/03/2024 | £886k | £88k |
| 31/03/2023 | £86k | £147k |
| 31/03/2022 | £95k | £96k |
| 31/03/2021 | £70k | £69k |
Common questions
Is THE JOHN STRUTT MEMORIAL FOUNDATION financially healthy?
The accounts state that total unrestricted funds increased to £4,488,386, supported by significant revaluation gains on investment properties. However, the charity generated a net deficit of £60,800 from operations, excluding these gains, and currently holds reserves below its stated policy target due to ongoing improvement works. The trustees confirm adequate resources for going concern but note delays in property transfers from the late John Strutt's estate. Its FY2023 accounts were independently examined.