THE ALLEN OVERY SHEARMAN STERLING FOUNDATION

Registered charity 1153738 · accounts filings on the Charity Commission register · also known as THE ALLEN & OVERY FOUNDATION

Latest income
£2.2m
Latest spending
£2.1m
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased to £1,803,843, while total grant commitments payable in future years stood at £1,883,814. The trustees maintain a policy to keep funds available for committed and emergency grants, noting that the unrestricted reserves will enable funds to be available for general purposes and emergency grants.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
The policy of the trustees is to maintain funds that are available for committed and emergency grants. The unrestricted reserves will be used to enable funds to be available for the Foundation’s general purposes, emergency grants and other causes. The total balance of grant commitments at 30 April 2024 was £1,883,814 — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PricewaterhouseCoopers LLP.

Corporate structure

Structured financials (annual return, FY ending 30/04/2025)

Total income
£2.2m
Total spending
£2.1m
Reserves (reported)
£1.9m
Employees
0

Reported reserves equal ~11.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Burkina Faso · Cameroon · Central African Republic · Chad · Ethiopia · Guinea · Kenya · Mali · Mauritania · Mozambique · Niger · Nigeria

Income and spending

Financial year endIncomeSpending
30/04/2025£2.2m£2.1m
30/04/2024£2.0m£1.2m
30/04/2023£2.3m£1.9m
30/04/2022£1.5m£1.8m
30/04/2021£1.6m£1.5m

Common questions

Is THE ALLEN OVERY SHEARMAN STERLING FOUNDATION financially healthy?

The accounts state that unrestricted reserves increased to £1,803,843, while total grant commitments payable in future years stood at £1,883,814. The trustees maintain a policy to keep funds available for committed and emergency grants, noting that the unrestricted reserves will enable funds to be available for general purposes and emergency grants. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.

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