UKH FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that the charity's unrestricted reserves fell to £3,143,885 from £3,467,694 in the prior year, driven by a net loss on investments of £247,668. The trustees note that the charity is dependent on income from listed investments to fund donations, which is subject to market fluctuations. Despite this dependency, the auditors concluded that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
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?
The accounts state that the charity's unrestricted reserves fell to £3,143,885 from £3,467,694 in the prior year, driven by a net loss on investments of £247,668. The trustees note that the charity is dependent on income from listed investments to fund donations, which is subject to market fluctuations. Despite this dependency, the auditors concluded that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2022 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 |