THE NEIL AND ALISON OSTRER FOUNDATION
Latest income
£554k
Latest spending
£93k
Registered
2015
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £11,226,327, an increase from the previous year's £9,479,804. The trustees report that the charity is in a strong position to continue its operations and has no material uncertainties regarding its going concern status.
What the accounts disclose
Reserves policy: The spending to assets ratio will always remain at a low level on an annual basis, and, in the event of a decline in the assets after spending over any one year period, then the Trustees would look to replenish the assets before undertaking further spending. (held: £11.2m)
“The spending to assets ratio will always remain at a low level on an annual basis, and, in the event of a decline in the assets after spending over any one year period, then the Trustees would look to replenish the assets before undertaking further spending.”
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£554k
Total spending
£93k
Reserves (reported)
£11.7m
Employees
0
Trustees
- ALISON JANE OSTRER
- MISTY LAUREN OSTRER
- NEIL OSTRER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £554k | £93k |
| 31/03/2024 | £1.6m | £18k |
| 31/03/2023 | £226k | £123k |
| 31/03/2022 | £152k | £679k |
| 31/03/2021 | £5.1m | £357k |
Common questions
Is THE NEIL AND ALISON OSTRER FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted reserves of £11,226,327, an increase from the previous year's £9,479,804. The trustees report that the charity is in a strong position to continue its operations and has no material uncertainties regarding its going concern status. Its FY2024 accounts were audited by Grant Thornton UK LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MANCHESTER CITY GALLERIES TRUST | 1 | £135k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |