THE ADLARD FAMILY CHARITABLE FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that free reserves were £23,363, with the trustees noting they do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment fund. The charity held unrestricted income of £52,303 and total investments valued at £1,808,331 within the endowment fund. Grants totaling £145,000 were awarded to eleven charities during the period.
What the accounts disclose
“Given the availability of the expendable endowment fund, the trustees do not consider that the charity needs to maintain any significant free reserves although they recognise that such reserves will arise from time to time.”
“During the year Ludlow Trust Company were paid fees for trust administration services of £11,455. These fees are authorized under clause 6 of the trust deed.”
“3 Ludlow Trust Company Limited”
“During the year Ludlow Trust Company were paid fees for trust administration services of £11,455. These fees are authorized under clause 6 of the trust deed.”
“3 Ludlow Trust Company Limited”
Trustees
- CHARLES JOHN ADLARD
- ELSA LYNETTE ADLARD
- LUDLOW TRUST COMPANY LTD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 09/09/2025 | £139k | £160k |
| 09/09/2024 | £154k | £166k |
| 09/09/2023 | £42k | £127k |
| 09/09/2022 | £72k | £74k |
| 09/09/2021 | £64k | £73k |
Common questions
Is THE ADLARD FAMILY CHARITABLE FOUNDATION financially healthy?
The accounts state that free reserves were £23,363, with the trustees noting they do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment fund. The charity held unrestricted income of £52,303 and total investments valued at £1,808,331 within the endowment fund. Grants totaling £145,000 were awarded to eleven charities during the period. Its FY2024 accounts were independently examined.