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THE SERCO FOUNDATION

Registered charity 1150338 · accounts filings on the Charity Commission register

THE OBJECTS OF THE CHARITY ARE FOR THE BENEFIT OF THE PUBLIC THE PROMOTION AND IMPROVEMENT OF THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES, IN PARTICULAR BY THE PROVISION OF ADVICE, SERVICES AND OTHER FORMS OF SUPPORT TO CHARITIES AND SUCH OTHER PURPOSES FOR THE BENEFIT OF THE PUBLIC AS SHALL BE EXCLUSIVELY CHARITABLE AS THE TRUSTEES FROM TIME TO TIME MAY DETERMINE.

Objects

THE OBJECTS OF THE CHARITY ARE FOR THE BENEFIT OF THE PUBLIC THE PROMOTION AND IMPROVEMENT OF THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES, IN PARTICULAR BY THE PROVISION OF ADVICE, SERVICES AND OTHER FORMS OF SUPPORT TO CHARITIES AND SUCH OTHER PURPOSES FOR THE BENEFIT OF THE PUBLIC AS SHALL BE EXCLUSIVELY CHARITABLE AS THE TRUSTEES FROM TIME TO TIME MAY DETERMINE.

Area of benefit: WORLDWIDE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Latest income
£115k
Latest spending
£133k
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £6,325,993, representing a surplus for the year of £449,869. Per the trustees' report, the charity has sufficient cash reserves and available investments to meet its liabilities as they fall due for at least 12 months, with no material uncertainty regarding going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient funds in reserve so as to ensure the charity can continue to meet its long-term objectives (held: £6.3m)
“The Trustees intend to hold sufficient funds in reserve so as to ensure the charity can continue to meet its long-term objectives.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Serco Foundation had a related party relationship with Serco Group plc (Serco) in 2024 as David Eveleigh, Chair of Trustees, is also an employee of Serco. Additionally, Christopher May, who was appointed as a Trustee in September 2023, remained with Serco until the end of 2024, while Stephanie Roberts, appointed in November 2024, is a current Serco employee. There have been no transactions between the Foundation and any of its related parties or any Trustees during the year.
“There have been no transactions between the Foundation and any of its related parties or any Trustees during the year.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire

Income and spending

Financial year endIncomeSpending
31/12/2024£115k£133k
31/12/2023£117k£217k
31/12/2022£115k£245k
31/12/2021£108k£176k
31/12/2020£203k£585k

Common questions

Is THE SERCO FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £6,325,993, representing a surplus for the year of £449,869. Per the trustees' report, the charity has sufficient cash reserves and available investments to meet its liabilities as they fall due for at least 12 months, with no material uncertainty regarding going concern. Its FY2024 accounts were independently examined.