THE VALERIA SYKES CHARITABLE FOUNDATION CIO
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.
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.
What the accounts disclose
“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
Trustees
- VALERIA SYKESchair
- PETER FOSKETT
- RICHARD SYKES
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.