THE VALERIA SYKES CHARITABLE FOUNDATION CIO

Registered charity 1166968 · accounts filings on the Charity Commission register

Making grants and awards to advance education in the arts and to advance the development of skills, capacities and capabilities of young people in Yorkshire.

Objects

TO ADVANCE SUCH CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES SEE FIT FROM TIME TO TIME BY MAKING GRANTS AND AWARDS IN PARTICULAR BUT NOT LIMITED TO:- THE PROMOTION OF EDUCATION OF YOUNG PEOPLE IN THE AREA OF BENEFIT IN THE ARTS; AND- THE ADVANCEMENT IN LIFE BY THE DEVELOPMENT OF SKILLS, CAPACITIES AND CAPABILITIES OF YOUNG PEOPLE IN THE AREA OF BENEFIT.NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF PROPERTY OF THE CIO FOR THE PURPOSES WHICH ARE NOT CHARITABLE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Arts/culture/heritage/science · Economic/community Development/employment · Get email alerts

Latest income

£37k

Latest spending

£18k

Registered

2016

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted funds of £1,289,011, which exceeds its stated minimum reserves policy target. The charity generated a net movement in funds of £22,014, driven by investment income that exceeded charitable expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: to keep reserves at a minimum in the light of the initial investment amounts and return on investments (held: £1.3m)

“The current reserve policy of the Trustees is to keep reserves at a minimum in the light of the initial investment amounts and return on investments.” — page 4

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Conflicting interests
Financial reserves policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Risk management
Trustee conflicts of interest policy and procedures

Trustees · trustee networks

VALERIA SYKESchair
PETER FOSKETT
RICHARD SYKES

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

Operates in: Throughout England

Income and spending

Financial year end	Income	Spending
05/04/2025	£37k	£18k
05/04/2024	£37k	£74k
05/04/2023	£37k	£56k
05/04/2022	£37k	£156k
05/04/2021	£36k	£74k

Common questions

Is THE VALERIA SYKES CHARITABLE FOUNDATION CIO financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £1,289,011, which exceeds its stated minimum reserves policy target. The charity generated a net movement in funds of £22,014, driven by investment income that exceeded charitable expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.