NEKTON FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £3,170k for the 15-month period, resulting in total unrestricted reserves of £437k. Per the trustees' report, these unrestricted reserves exceed the stated policy target of £265k, which covers three months of core operating costs and closure commitments. The auditors confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern.
What the accounts disclose
“Two employees earned more than £60,000 during the year (2022: 1).” — page 37
Year-over-year changes
- Employees paid over £60,000: 1 (FY2022) → 2 (FY2024).
Leadership, per the charity’s website
- Oliver Steeds OBE — Chief Executive
- Rupert Grey — Chair
- Nick Hardman-Mountford — Director
- Lisa Hynes — Director
- Katherin Pertsinidis — Chief Operating Officer
Funders the charity credits
- The Nippon Foundation
- Omega
- Kensington
- Schmidt Ocean Institute
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Captain Paul Anthony Crowther
- Christopher Cunliffe
- Emily Victoria Penn
- JULIET CATHARINE BURNETT
- Professor Callum Michael Roberts
- RUPERT GREY
- Robert Dougall McCallum
- William Duff Goodlad
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.2m | £5.4m |
| 31/03/2024 | £7.4m | £4.1m |
| 31/12/2022 | £3.2m | £3.3m |
| 31/12/2021 | £438k | £797k |
| 31/12/2020 | £2.0m | £2.7m |
Common questions
Is NEKTON FOUNDATION financially healthy?
The accounts state that the charity generated a surplus of £3,170k for the 15-month period, resulting in total unrestricted reserves of £437k. Per the trustees' report, these unrestricted reserves exceed the stated policy target of £265k, which covers three months of core operating costs and closure commitments. The auditors confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PETER DUBENS FAMILY FOUNDATION | 1 | £245k |
| TARA GETTY FOUNDATION | 1 | £166k |
| CHLOE'S AND SOPHIE'S SPECIAL EARS FUND | 1 | £107k |
| THE DIXON FOUNDATION | 1 | £65k |
| WHEELER MILL FOUNDATION | 1 | £59k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £50k |
| BRAMPTON CHARITABLE TRUST | 1 | £6k |
| CHAPMAN CHARITABLE TRUST | 1 | £3k |