WOODSMITH FOUNDATION LIMITED
When operational, the Foundation will make grants towards projects and individuals/organisations which match the criteria set out in the charitable objects of the approved Articles of Association. The charity is required to invest a proportion of its' income and to adhere to a maximum expenditure outside the 'area of interest' of 25% of income.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £1,196,740 at the end of the financial year, having spent more than it received in income. The trustees report that the charity is reliant on income from Anglo American and its investment portfolio, noting that a donation of £1m was paid to support work across 2025 and 2026. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 08087609
- Average employees: 3
Leadership, per the charity’s website
- Leah Swain — Chief Executive
- Sir Martin Narey DL — Chair of Trustees
Funders the charity credits
- Anglo American
- Anglo American Foundation
Company officers (Companies House)
- MUMFORD, Laura Claire on trustee list
- DUNN, Jonathan on trustee list
- WOODS, William Buxton on trustee list
- NAREY, Martin James, Sir on trustee list
- WALMSLEY, Elizabeth, Dr on trustee list
- FLYNN, Jacqueline on trustee list
- SWALES, Ian Cameron on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Elizabeth Walmsley
- IAN CAMERON SWALES
- Jacqueline Flynn
- Jonathan Dunn
- Laura Mumford
- Martin James Narey Sir
- William Buxton Woods
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.4m |
| 31/12/2023 | £1.0m | £1.0m |
| 31/12/2022 | £3k | £882k |
| 31/05/2022 | £1.0m | £1.1m |
| 31/05/2021 | £1.0m | £420k |
Common questions
Is WOODSMITH FOUNDATION LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £1,196,740 at the end of the financial year, having spent more than it received in income. The trustees report that the charity is reliant on income from Anglo American and its investment portfolio, noting that a donation of £1m was paid to support work across 2025 and 2026. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Fortus Audit LLP.
Who funds WOODSMITH FOUNDATION LIMITED?
Funders whose own accounts filings name WOODSMITH FOUNDATION LIMITED as a grant recipient include THE RANK FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE RANK FOUNDATION LIMITED | FY2024 | £60k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NORTHWICK TRUST | 1 | £32k |
| THE BANISTER CHARITABLE TRUST | 1 | £10k |
| THE MUMFORD MEMORIAL TRUST | 1 | £9k |
| SANDRA CHARITABLE TRUST | 1 | £6k |
| CHAPMAN CHARITABLE TRUST | 1 | £3k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £2k |
Charities like this
- WATES FOUNDATION LIMITED
- WINDSOR ROAD FOUNDATION
- The Grocott Family Foundation
- Rothesay Foundation
- JMWM HUSSAIN FOUNDATION
- RIVERSIDE FOUNDATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WOODSMITH FOUNDATION LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| WATES FOUNDATION LIMITED | £598k | — | 0 | unclear | — | no doubt |
| WINDSOR ROAD FOUNDATION | £101k | Under £60,000 | 0 | above | — | no doubt |
| The Grocott Family Foundation | £926k | — | 0 | unclear | — | no doubt |
| Rothesay Foundation | £1.8m | — | 0 | unclear | — | no doubt |
| JMWM HUSSAIN FOUNDATION | £855k | — | 0 | unclear | — | no doubt |