THE SULGRAVE FOUNDATION
For such charitable purposes as the directors from time to time think fit & in particular to further the development & education of boys & young men & girls & young women through their leisure-time activities to help them achieve their physical mental and spiritual potential so that they may grow to full maturity as individuals & members of society & that their conditions of life may be improved.
Objects
FOR SUCH CHARITABLE PURPOSE AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE AND UNCONTROLLED DISCRETION THINK FIT, AND IN PARTICULAR: - TO FURTHER THE DEVELOPMENT AND EDUCATION OF BOYS AND YOUNG MEN AND GIRLS AND YOUNG WOMEN THROUGH THEIR LEISURE-TIME ACTIVITIES SO AS TO HELP THEM ACHIEVE THEIR PHYSICAL, MENTAL AND SPIRITUAL POTENTIAL SO THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED. IN FURTHERING THE OBJECTS THE TRUSTEES WILL HAVE PARTICULAR REGARD TO THE NEEDS OF THOSE IN POVERTY OR FINANCIAL HARDSHIP.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds totaling £1,847,707.52, comprising investments valued at £1,821,967.36 and cash reserves of £24,870.16. The trustees consider these reserves appropriate to cover expenses, noting that cash can be raised from investments within a short timeframe if necessary. The charity reported a net movement in funds of £7,257.36 for the year ended 30 June 2025.
What the accounts disclose
“The Foundation does not need to keep significiant cash reserves to maintain it's regular grant making objectives and expense obligations as the Foundation holds investments from which cash can be raised within a short timeframe.” — page 4
“During the year grants of £7,000 (2024: £7,000) were paid to the Federation of London Youth Clubs, a trustee of the charity.” — page 9
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Register events
- Received assets from another charity (14/04/2014)
Trustees
- SARAH MARY GRANTchair
- CHRISTOPHER IAN HAMMOND
- THE FEDERATION OF LONDON YOUTH CLUBS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £56k | £57k |
| 30/06/2024 | £53k | £59k |
| 30/06/2023 | £51k | £55k |
| 30/06/2022 | £47k | £52k |
| 30/06/2021 | £45k | £53k |
Common questions
Is THE SULGRAVE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds totaling £1,847,707.52, comprising investments valued at £1,821,967.36 and cash reserves of £24,870.16. The trustees consider these reserves appropriate to cover expenses, noting that cash can be raised from investments within a short timeframe if necessary. The charity reported a net movement in funds of £7,257.36 for the year ended 30 June 2025. Its FY2025 accounts were independently examined.