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

THE SEVERFIELD FOUNDATION

Registered charity 1165361 · accounts filings on the Charity Commission register

Raising funds for local charities through various events

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£88k
Latest spending
£81k
Registered
2016
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Severfield Group companies (52% of income)
“Severfield Group companies 45,457”
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 0.3% of fundraised income
“Raising funds: Just Giving subscription 245”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: not a significant factor (held: £31k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Severfield plc
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Northern Ireland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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.