THE SEVERFIELD FOUNDATION
Raising funds for local charities through various events
Objects
TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAWS OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME
Financial health, per its FY2025 accounts
The accounts state that the charity generated total income of £88,208 and incurred total expenditure of £81,109, resulting in a net surplus of £7,099 for the year. Free reserves increased to £30,720, which the trustees consider prudent to sustain future grants in the event of unforeseen falls in income. The charity is prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Severfield Group companies 45,457”
“Raising funds: Just Giving subscription 245”
“The Severfield Foundation does not incur any significant monthly expenses and no trustees’ remuneration or expenses are charged to The Foundation. On this basis, the amount of funds required to be held in reserves is not a significant factor and funding headroom is only maintained for potential future donations.” — page 6
“During the year the foundation received donations from Severfield Group companies of £45,457 (2024: £25,920). They also received donations from Severfield plc of £20,000 (2024: 20,000).” — page 23
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Christopher Achilles
- Dawn Cope
- HEATHER WILLIAMS
- Hannah Nixon-Smith
- MARK SANDERSON
- Matt Gamble
- Nicole Forder
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £88k | £81k |
| 30/09/2024 | £55k | £55k |
| 30/09/2023 | £69k | £70k |
| 30/09/2022 | £39k | £34k |
| 30/09/2021 | £23k | £23k |
Common questions
Is THE SEVERFIELD FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated total income of £88,208 and incurred total expenditure of £81,109, resulting in a net surplus of £7,099 for the year. Free reserves increased to £30,720, which the trustees consider prudent to sustain future grants in the event of unforeseen falls in income. The charity is prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.