THE ELYSIUM FOUNDATION LIMITED
To advance the education of general publicin particular but not exclusively by:providing education and training for young people and adults
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £3,100,018, a significant decrease from the previous year's £4,678,952, driven by a net movement in funds of approximately £1.58 million. Per the trustees' report, this decline is attributed to substantial charitable expenditure and revaluation losses, though the charity maintains a comfortable level of reserves well above its stated policy target of £50,000 to £100,000. The trustees confirm the charity has secured sufficient income for the next twelve months and face no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It has established a policy whereby the funds (which are all unrestricted funds) uncommitted or invested in tangible fixed assets held by the charity should be between 6 and 12 months of the anticipated expenditure. Budgeted expenditure for 2025/26 is approximately £100,000 and therefore the target is £50,000 to £100,000 in general funds.” — page 5
“The above includes £499,900 due from a fully owned subsidiary RR6 Ltd. This is classifed as long term loan.” — page 17
“The above includes £499,900 due from a fully owned subsidiary RR6 Ltd.” — page 17
Property (HM Land Registry)
Trustees
- Dr IAN ROBERT MCANDREW
- GRAHAM MURRAY HOLLIDAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £107k | £1.7m |
| 31/03/2024 | £176k | £129k |
| 31/03/2023 | £110k | £69k |
| 31/03/2022 | £113k | £89k |
| 31/03/2021 | £79k | £99k |
Common questions
Is THE ELYSIUM FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £3,100,018, a significant decrease from the previous year's £4,678,952, driven by a net movement in funds of approximately £1.58 million. Per the trustees' report, this decline is attributed to substantial charitable expenditure and revaluation losses, though the charity maintains a comfortable level of reserves well above its stated policy target of £50,000 to £100,000. The trustees confirm the charity has secured sufficient income for the next twelve months and face no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.