THE LEWIS PUGH FOUNDATION
Lewis Pugh Foundation (LPF) promotes, for the benefit of the public, the conservation, protection and improvement of the physical and ecological environment, particularly the marine environment. LPF also provides education and disseminates information about the marine environment and the importance of its conservation.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure for the year, with total income of £432,081 against total expenditure of £471,364. Per the trustees' report, unrestricted reserves stood at £54,725 at year-end, which is above the agreed target of £50,000. The trustees confirmed that resources are adequate to continue as a going concern for the next 12 months.
What the accounts disclose
“Total renumeration received by Mr L Pugh in the year was £67,025”
“Total renumeration received by Mr L Pugh in the year was £67,025”
“Corporate donations accounted for one third of funding, while another third came from corporate partnerships. The remainder of LPF’s support was from lump sum donations, with 10% coming from philanthropic foundations.”
“It was agreed at the LPF AGM in July 2024 to keep the Foundation’s reserves at £50,000.” — page 14
“During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Charity. Total renumeration received by Mr L Pugh in the year was £67,025” — page 29
“During the year Mr D Becker, Trustee, was paid fees for legal advisory services, which were provided on a not-for-profit basis. The total remuneration in the year was £660” — page 29
“During the year, the charity incurred costs of £4,236 (2023: £NIL) in relation to Lewis Pugh Foundation Inc. At the balance sheet date, an amount of £4,236 (2023: £NIL) was due from Lewis Pugh Foundation Inc.” — page 33
“During the year Mr D Becker, Trustee, was paid fees for legal advisory services, which were provided on a not-for-profit basis. The total remuneration in the year was £660” — page 29
“During the year, the charity incurred costs of £4,236 (2023: £NIL) in relation to Lewis Pugh Foundation Inc. At the balance sheet date, an amount of £4,236 (2023: £NIL) was due from Lewis Pugh Foundation Inc.” — page 33
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Dermot McDonogh
- LEWIS WILLIAM GORDON PUGH OIG
- Roxanna Samii
- Tessa Graham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £432k | £471k |
| 31/12/2023 | £862k | £969k |
| 31/12/2022 | £591k | £571k |
| 31/12/2021 | £621k | £471k |
| 31/12/2020 | £384k | £379k |
Common questions
Is THE LEWIS PUGH FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure for the year, with total income of £432,081 against total expenditure of £471,364. Per the trustees' report, unrestricted reserves stood at £54,725 at year-end, which is above the agreed target of £50,000. The trustees confirmed that resources are adequate to continue as a going concern for the next 12 months. Its FY2024 accounts were independently examined.
What does the highest-paid employee of THE LEWIS PUGH FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.