THE SUNRISE FOUNDATION CIO
Latest income
£271k
Latest spending
£314k
Registered
2017
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £617,393 for the year ended 30 June 2024, driven largely by a £1,000,000 donation. The charity holds unrestricted reserves of £2,185,194 and maintains a moderate risk investment profile with Barclays to support its grant-making objectives.
What the accounts disclose
Reserves policy: 12-18 months’ worth of expenditure in cash deposits (held: £2.2m)
“In order to ensure there is sufficient funds to meet the distributions the Foundation will hold in the region of 12-18 months’ worth of expenditure in cash deposits.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Bryan Glastonbury is a director of Woodbury Limited, which donated £1,000,000.
“During the year to 30 June 2024, a £1,000,000 donation was received from Woodbury Limited. Bryan Glastonbury is a director of Woodbury Limited.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/06/2024)
Total income
£1.0m
Total spending
£502k
Cost of raising funds
£3k
Reserves (reported)
£2.1m
Employees
1
Trustees
- Margaret Glastonburychair
- BRYAN JOHN GLASTONBURY
- Ben Glastonbury
- Edward Alastair Jeremy Greenhalgh
- Marta Glastonbury
- SOPHIE BROOKE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £271k | £314k |
| 30/06/2024 | £1.0m | £502k |
| 30/06/2023 | £39k | £251k |
| 30/06/2022 | £150k | £242k |
| 30/06/2021 | £295k | £241k |
Common questions
Is THE SUNRISE FOUNDATION CIO financially healthy?
The accounts state that the charity reported a net income of £617,393 for the year ended 30 June 2024, driven largely by a £1,000,000 donation. The charity holds unrestricted reserves of £2,185,194 and maintains a moderate risk investment profile with Barclays to support its grant-making objectives. Its FY2024 accounts were audited by Corrigan Accountants Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PIERREPONT TRUST | 1 | £20k |
| THE HARAMEAD TRUST | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST LEONARD, HORBURY WITH ST JOHN, HORBURY BRIDGE | 1 | £4k |
| THE DIXIE ROSE FINDLAY CHARITABLE TRUST | 1 | £3k |
| THE SIR JAMES ROLL CHARITABLE TRUST | 1 | £2k |
| PAGET C.I.O. | 1 | £1k |
| THE IAN FLEMING CHARITABLE TRUST | 1 | £0 |