ALAN DAVIDSON FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported total income of £384,252 and total expenditure of £1,992,801, resulting in a net gain of £103,048 after significant investment gains. Per the trustees' report, total unrestricted funds stood at £13,091,042, with the majority relating to the legacy from Alan Davidson's estate. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Over the medium term the Trustees aim to accumulate sufficient funds to generate an annual surplus for distribution in accordance with the charity's objectives.”
“A Broome, a trustee of the charity, is a partner in HaysMac LLP, a firm of chartered accountants. HaysMac LLP provides professional services to the charity on an arms length basis. During the year HaysMac LLP invoiced the charity £4,723 (2023: £4,993) in respect of accountancy, corporation tax and company secretarial services.”
“A donation in kind with an estimate value of £500 is received annually from Hayes Davidson for the use of their office and as the Foundation's postal address.” — page 26
“A Broome, a trustee of the charity, is a partner in HaysMac LLP, a firm of chartered accountants. HaysMac LLP provides professional services to the charity on an arms length basis. During the year HaysMac LLP invoiced the charity £4,723 (2023: £4,993) in respect of accountancy, corporation tax and company secretarial services.”
“A donation in kind with an estimate value of £500 is received annually from Hayes Davidson for the use of their office and as the Foundation's postal address.” — page 26
Funders the charity credits
Trustees
- ANDREW MALCOLM BROOME
- COLIN JOHN WATSON REID
- Jane Alexandra Craik
- MARY CAITE HEALY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £406k | £2.4m |
| 31/03/2024 | £384k | £2.0m |
| 31/03/2023 | £334k | £445k |
| 31/03/2022 | £219k | £823k |
| 31/03/2021 | £270k | £1.5m |
Common questions
Is ALAN DAVIDSON FOUNDATION financially healthy?
The accounts state that the charity reported total income of £384,252 and total expenditure of £1,992,801, resulting in a net gain of £103,048 after significant investment gains. Per the trustees' report, total unrestricted funds stood at £13,091,042, with the majority relating to the legacy from Alan Davidson's estate. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by SBM Associates Limited, trading as SBM & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF ACHIEZER ARAD | 1 | £41k |