UKH FOUNDATION
To promote mental and physical health through the provision of financial assistance to charities and other organisations committed to those aims or indeed other exclusive charitable purposes determined by the trustees. The UKH Foundation primarily supports charitable projects based in the North West of England.
Financial health, per its FY2024 accounts
The accounts state that the charity relies entirely on investment income to fund its charitable donations, resulting in a net expenditure that exceeded investment income for the year. Per the trustees' report, the charity maintains unrestricted reserves of approximately £3.1 million, which are held to cover ongoing costs and future donation requests. The trustees confirm that the financial statements have been prepared on a going concern basis, noting that donation levels can be adjusted based on market fluctuations.
What the accounts disclose
“It is the Charity's policy to maximise donations whilst retaining sufficient funds to cover its ongoing costs, albeit that the timing of funding receipts means that reserves may build up at the year end. Excess reserves at the year end will be allocated to appropriate causes in the following financial year.”
Corporate structure
- Registered company of the charity Companies House 09284873
Company officers (Companies House)
- BOUSTOULLER, Sarah Alison not on trustee list
- HULME, Julie on trustee list
- REDFERN, Andrew Keith on trustee list
- UDALL, David Charles on trustee list
Trustees
- ANDREW REDFERNchair
- DAVID CHARLES UDALL
- JULIE HULME
- Sarah Alison Boustoller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £119k | £329k |
| 31/12/2023 | £112k | £251k |
| 31/12/2022 | £112k | £188k |
| 31/12/2021 | £111k | £233k |
| 31/12/2020 | £101k | £201k |
Common questions
Is UKH FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity relies entirely on investment income to fund its charitable donations, resulting in a net expenditure that exceeded investment income for the year. Per the trustees' report, the charity maintains unrestricted reserves of approximately £3.1 million, which are held to cover ongoing costs and future donation requests. The trustees confirm that the financial statements have been prepared on a going concern basis, noting that donation levels can be adjusted based on market fluctuations. Its FY2024 accounts were audited by Hurst Accountants Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| National Philanthropic Trust UK Limited | 1 | £14.8m |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
Charities like this
- THE HEALTH FOUNDATION
- The Considered Ask Foundation
- THE HELPING FOUNDATION
- KHOO TECK PUAT UK FOUNDATION
- THE FOCUS FOUNDATION
- ROBERT LUFF FOUNDATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| UKH FOUNDATION | £119k | — | 0 | unclear | — | no doubt |
| THE HEALTH FOUNDATION | £22.2m | — | — | within | 1.0% | no doubt |
| The Considered Ask Foundation | £1.5m | — | 0 | unclear | — | no doubt |
| THE HELPING FOUNDATION | £34.8m | — | 0 | above | — | no doubt |
| KHOO TECK PUAT UK FOUNDATION | £5.2m | — | 0 | below | — | no doubt |
| THE FOCUS FOUNDATION | £1.6m | — | 0 | unclear | 4.0% | no doubt |