THE REEF-WORLD FOUNDATION
1) To promote the wise use of natural resources, particularly coral reefs & related tropical coastal resources;2) To promote the advancement of education about natural resources, coral reefs, related ecosystems and their conservation; 3) To promote sustainable reef-based tourism practices that protect & conserve coral reefs, for the benefit of local community, visitors & future generations.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £95,284 for the year, resulting in a decrease in total net assets from £204,554 to £109,270. The trustees confirm that unrestricted reserves of £89,821 are held in excess of the stated policy target of £75,000, which is designated to cover three months of operational costs. The trustees consider the going concern basis appropriate with no material uncertainties identified regarding the charity's ability to continue operations.
What the accounts disclose
“Donations made by two trustee during the year totalled £1000 (2024: £nil). All donations from related parties were unrestricted in the year.” — page 32
“Tim Good, a trustee, is Chairman of the Matthew Good Foundation. During the year ended 31 May 2025, the charity received £nil (2024: £25,000) of grant funding from the Matthew Good Foundation.” — page 32
“Donations made by two trustee during the year totalled £1000 (2024: £nil). All donations from related parties were unrestricted in the year.” — page 32
“Tim Good, a trustee, is Chairman of the Matthew Good Foundation. During the year ended 31 May 2025, the charity received £nil (2024: £25,000) of grant funding from the Matthew Good Foundation.” — page 32
“Donations made by two trustee during the year totalled £1000 (2024: £nil). All donations from related parties were unrestricted in the year.” — page 32
“Tim Good, a trustee, is Chairman of the Matthew Good Foundation. During the year ended 31 May 2025, the charity received £nil (2024: £25,000) of grant funding from the Matthew Good Foundation.” — page 32
Register events
- Received assets from another charity (07/06/2022)
Trustees
- Matthew Littlechair
- James Harry Greenhalgh CITP MBCS
- Jennifer Mather
- Kathleen Russell
- Kathryn Woode
- Matthew Giles Reed
- Petchrung Sukpong
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £301k | £396k |
| 31/05/2024 | £458k | £478k |
| 31/05/2023 | £381k | £403k |
| 31/05/2022 | £312k | £239k |
| 31/05/2021 | £248k | £172k |
Common questions
Is THE REEF-WORLD FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £95,284 for the year, resulting in a decrease in total net assets from £204,554 to £109,270. The trustees confirm that unrestricted reserves of £89,821 are held in excess of the stated policy target of £75,000, which is designated to cover three months of operational costs. The trustees consider the going concern basis appropriate with no material uncertainties identified regarding the charity's ability to continue operations. Its FY2025 accounts were independently examined.
Who funds THE REEF-WORLD FOUNDATION?
Funders whose own accounts filings name THE REEF-WORLD FOUNDATION as a grant recipient include MATTHEW GOOD FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MATTHEW GOOD FOUNDATION | FY2023 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £1.0m |
| ECOLOGICAL RESTORATION FUND | 1 | £1.0m |
| PETER DUBENS FAMILY FOUNDATION | 1 | £373k |
| The Brindle Foundation | 1 | £275k |
| THE FIDELIS FOUNDATION | 1 | £222k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 1 | £180k |
| TARA GETTY FOUNDATION | 1 | £166k |
| ISEAL ALLIANCE | 1 | £159k |
Charities like this
- THE RUFFORD FOUNDATION
- MALDIVES WHALE SHARK RESEARCH PROGRAMME LIMITED
- OCEAN FAMILY FOUNDATION
- TRANSITION BRO GWAUN LTD
- THE PERIVOLI FOUNDATION
- AQUACULTURE STEWARDSHIP COUNCIL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE REEF-WORLD FOUNDATION | £301k | — | 0 | above | — | no doubt |
| THE RUFFORD FOUNDATION | £3.9m | £80,001 - £90,000 | — | unclear | — | no doubt |
| MALDIVES WHALE SHARK RESEARCH PROGRAMME LIMITED | £250k | — | 0 | unclear | — | no doubt |
| OCEAN FAMILY FOUNDATION | £329k | — | 0 | unclear | — | no doubt |
| TRANSITION BRO GWAUN LTD | £185k | — | — | unclear | — | no doubt |
| THE PERIVOLI FOUNDATION | £3.5m | — | 0 | unclear | — | no doubt |