THE RIDLEY FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £915,131, which the trustees confirm are in line with their policy to maintain sufficient funds for governance and operational commitments. The charity reported a net loss of £84,263 for the year, primarily driven by investment revaluations, but maintains that its endowment and cash reserves are sufficient to meet existing commitments for the remainder of the financial year.
What the accounts disclose
“It has established a subsidiary charity in Nepal called the Ridley Eye Foundation Nepal (REFN)” — page 8
Register events
- Received assets from another charity (05/03/2020)
Trustees
- LAURETTA CHINTY RIDLEY
- NICHOLAS CHARLES WETHERILL RIDLEY
- PROF DAVID SPALTON
- Sarah Roberts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £318k | £232k |
| 05/04/2024 | £125k | £115k |
| 05/04/2023 | £131k | £122k |
| 05/04/2022 | £342k | £38k |
| 05/04/2021 | £58k | £84k |
Common questions
Is THE RIDLEY FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £915,131, which the trustees confirm are in line with their policy to maintain sufficient funds for governance and operational commitments. The charity reported a net loss of £84,263 for the year, primarily driven by investment revaluations, but maintains that its endowment and cash reserves are sufficient to meet existing commitments for the remainder of the financial year. Its FY2023 accounts were independently examined.
Who funds THE RIDLEY FOUNDATION?
Funders whose own accounts filings name THE RIDLEY FOUNDATION as a grant recipient include THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION | FY2024 | £5k |
| THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION | FY2025 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DIXIE ROSE FINDLAY CHARITABLE TRUST | 3 | £12k |
| SIR SAMUEL SCOTT OF YEWS TRUST | 2 | £25k |
| SUSANNA PEAKE CHARITABLE TRUST | 2 | £12k |
| THE TULA TRUST LIMITED | 2 | £8k |
| MISSES BARRIE CHARITABLE TRUST | 2 | £4k |
| STANDARD CHARTERED FOUNDATION | 1 | — |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER, FORMBY | 1 | — |
| Founders Pledge Ltd | 1 | £7.3m |