Charity Accounts Intelreading the accounts so you don’t have to

SSP FOUNDATION

Registered charity 1163717 · accounts filings on the Charity Commission register

Latest income
£355k
Latest spending
£439k
Registered
2015
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds decreased from £715,379 to £695,828, driven by a net movement in funds of -£19,551. The charity maintains unrestricted reserves of £421,491 against a stated policy target of one year’s running expenses. The independent examiner confirmed that accounting records were kept and the accounts accord with those records.

What the accounts disclose

Reserves policy: one year's running expenses (held: £421k)
“It is expected that the policy will be to maintain sufficient reserves to meet one year’s running expenses and to hold funds for all committed spend and/or projects made by the end of the accounting period.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: SSP UK paid employee expenses for the 2023 Gala Dinner
“During the year the charity paid for SSP UK (a related party) employees' expenses with regards the 2023 Gala Dinner at the Hilton hotel. The expenses incurred totalled £10,871 and these were outstanding and due from SSP UK at the year end. There was also an amount due to SSP UK of £41,737.82 with regards costs relating to the 2023 Gala Dinner. With regards the Gala Dinner for 2024 there is an amount due of £315,848 from SSP UK at the year end and an amount of £110,081 due to SSP UK for costs incurred on behalf of the Charity.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/06/2025£355k£439k
30/06/2024£409k£428k
30/06/2023£359k£222k
30/06/2022£92k£369k
30/06/2021£62k£101k

Common questions

Is SSP FOUNDATION financially healthy?

The accounts state that total funds decreased from £715,379 to £695,828, driven by a net movement in funds of -£19,551. The charity maintains unrestricted reserves of £421,491 against a stated policy target of one year’s running expenses. The independent examiner confirmed that accounting records were kept and the accounts accord with those records. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
FONTHILL FOUNDATION1£18k
THE PENCHANT FOUNDATION1£250

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