THE AMPERSAND FOUNDATION
Latest income
£724k
Latest spending
£734k
Registered
2016
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds increased to £9.3m, supported by a significant legacy receipt of £4.7m and donations. The trustees report no material uncertainties regarding going concern, noting the charity is well-insulated against government spending changes and relies on investment income and donations.
What the accounts disclose
Reserves policy: positive reserves... no commitments extend further than three years... fully covered by the reserves in place (held: £9.3m)
“The Trustees aim to maintain positive reserves in unrestricted funds by managing the level of grants awarded to ensure that resources expended do not exceed incoming resources. At present no commitments extend further than three years from the date of this report and are fully covered by the reserves in place.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£724k
Total spending
£734k
Cost of raising funds
£10k
Reserves (reported)
£710k
Employees
2
Register events
- Received assets from another charity (02/08/2016)
Trustees
- JOHN ALEXANDER KIRKLANDchair
- ALASTAIR DAVID SOOKE
- SIMON LEO CONWAY
- Samuel David Zebedee Thorne
- THIAGO ARRUDA DE CARVALHO
- Victoria May Siddall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £724k | £734k |
| 31/03/2024 | £726k | £1.0m |
| 31/03/2023 | £5.5m | £430k |
| 31/03/2022 | £599k | £571k |
| 31/03/2021 | £432k | £456k |
Common questions
Is THE AMPERSAND FOUNDATION financially healthy?
The accounts state that unrestricted funds increased to £9.3m, supported by a significant legacy receipt of £4.7m and donations. The trustees report no material uncertainties regarding going concern, noting the charity is well-insulated against government spending changes and relies on investment income and donations. Its FY2023 accounts were audited by HPH Accountants LLP.