THE CLOCKTOWER FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted free reserves rose to £14.0m at year-end, significantly exceeding the trustees' determined minimum policy target of £5.2m. The charity reported total income of £4.1m and total expenditure of £1.6m, resulting in a net surplus that strengthened its financial position. The trustees confirmed the charity is sufficiently funded to meet current and foreseeable obligations beyond 2025.
What the accounts disclose
“There were no employees during the period. The Chief Executive’s services, on a part-time basis, were supplied under contract. The total amount paid in respect of the Chief Executive’s services in the period was £104,363” — page 19
“There were no employees during the period. The Chief Executive’s services, on a part-time basis, were supplied under contract. The total amount paid in respect of the Chief Executive’s services in the period was £104,363” — page 19
“In November 2024, the trustees determined that a minimum level of reserves appropriate to the Charity at that time was £5.2m.”
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (12/11/2021)
Trustees
- Baroness Lorraine Fullbrook
- Hugo James Edward Farmer
- JAMES PATRICK EYRE
- JAMES WILLIAM JEREMY RITBLAT
- Matthew Westerman
- Simon Davis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.0m | £1.6m |
| 31/12/2024 | £4.1m | £1.6m |
| 31/12/2023 | £5.0m | £1.3m |
| 31/12/2022 | £2.4m | £927k |
| 31/12/2021 | £937k | £1.0m |
Common questions
Is THE CLOCKTOWER FOUNDATION financially healthy?
The accounts state that unrestricted free reserves rose to £14.0m at year-end, significantly exceeding the trustees' determined minimum policy target of £5.2m. The charity reported total income of £4.1m and total expenditure of £1.6m, resulting in a net surplus that strengthened its financial position. The trustees confirmed the charity is sufficiently funded to meet current and foreseeable obligations beyond 2025. Its FY2024 accounts were audited by Sutton McGrath Hartley.
What does the highest-paid employee of THE CLOCKTOWER FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 1 employees earned over £60,000.
Who funds THE CLOCKTOWER FOUNDATION?
Funders whose own accounts filings name THE CLOCKTOWER FOUNDATION as a grant recipient include AL Philanthropies, BACON FOUNDATION LTD, LORD LEVERHULME'S CHARITABLE TRUST, THE GORDON SANDERS CHARITABLE FOUNDATION, THE ANNABEL ARBIB FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| AL Philanthropies | FY2023 | £1.5m |
| BACON FOUNDATION LTD | FY2025 | £1.0m |
| AL Philanthropies | FY2022 | £106k |
| LORD LEVERHULME'S CHARITABLE TRUST | FY2025 | £35k |
| THE GORDON SANDERS CHARITABLE FOUNDATION | FY2022 | £13k |
| THE GORDON SANDERS CHARITABLE FOUNDATION | FY2023 | £10k |
| THE ANNABEL ARBIB FOUNDATION | FY2023 | £2k |
| THE SALISBURY POOL CHARITY COMPRISING THE FIRST MOIETY ESTABLISHED BY CLAUSE 2 OF THE DEED OF DECLARATION DATED 23RD MARCH 1976 | FY2025 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £30k |
| DRAGON CHRISTMAS CHARITY SALE | 1 | £1k |