REES FOUNDATION

Registered charity 1154019 · accounts filings on the Charity Commission register · also known as CORE ASSETS FOUNDATION · also registered in Scotland as SC054101 (OSCR)

For the public benefit, to relieve by such means as are charitable, children and adults who have had foster care or residential care experience by the provision of support, advice, resources, assistance (financial or otherwise), grants, programmes and other activities.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£1.1m
Latest spending
£986k
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £22,096 for the year ended 31 December 2024, with total income increasing to £878,034. Per the trustees' report, unrestricted reserves stood at £405,811, exceeding the stated policy target of six months' essential expenditure, and cash at bank increased to £553,474.

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

What the accounts disclose

Reserves policy: six months’ essential expenditure (held: £406k)
“The Trustees consider that general unrestricted funds should be targeted at a level equal to six months’ essential expenditure” — page 11
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Rees Foundation (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.1m
Total spending
£986k
Reserves (reported)
£355k
Employees
20

Reported reserves equal ~4.3 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (85% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.1m£986k
31/12/2024£878k£856k
31/12/2023£873k£852k
31/12/2022£1.1m£780k
31/12/2021£737k£752k

Common questions

Is REES FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £22,096 for the year ended 31 December 2024, with total income increasing to £878,034. Per the trustees' report, unrestricted reserves stood at £405,811, exceeding the stated policy target of six months' essential expenditure, and cash at bank increased to £553,474. Its FY2024 accounts were independently examined.

Who funds REES FOUNDATION?

Funders whose own accounts filings name REES FOUNDATION as a grant recipient include John Lewis Partnership Foundation, THE KPMG FOUNDATION, THE KRISTINA MARTIN CHARITABLE TRUST, RICHARDSON BROTHERS FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
John Lewis Partnership FoundationFY2024£80kGrant over two years for 'Connect to Careers' project
THE KPMG FOUNDATIONFY2025£25kCreating welcoming community spaces and practical support for care-experienced people through cafés, peer networks and crisis assistance
THE KRISTINA MARTIN CHARITABLE TRUSTFY2025£10k
RICHARDSON BROTHERS FOUNDATIONFY2024£10k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
A B Charitable Trust13/01/2026£25kA grant to Rees Foundation
The National Lottery Community Fund11/12/2025£19kCafe Connections
UK government25/03/2025£20kArmed Forces Charities (Armed Forces Covenant Fund Trust) FY24/25
The National Lottery Community Fund24/02/2025£410kCaring for Care Leavers
A B Charitable Trust23/01/2025£25kA grant to Rees Foundation
The National Lottery Community Fund28/05/2024£19kEveryday People