THE RUSSELL MARTIN FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £56,712 for the year ended 31 August 2024, resulting in unrestricted reserves of £36,348. The trustees acknowledge that reserves are below their policy target of three months of operating costs due to project deficits and rising central costs, but note that management accounts for March 2025 show a return to surplus. Per the auditors, while the use of the going concern basis is appropriate, the charity had negative funds at the balance sheet date.
What the accounts disclose
“The remuneration of key management personnel is as follows: Aggregate compensation £74,027 (2023: £74,156).”
“The trustees’ reserve policy is to have 3 months of operating costs to cover any unexpected eventualities” — page 12
“At the balance sheet date the charity showed negative funds. The Trustees are actively managing reserves and cashflow by the monitoring of incoming and outgoing resources and with regular management accounts. The management accounts as at March 2025 show a surplus for the period and a positive reserves balance.” — page 12
“Payments of £7,300 (2023: £1,110) were made to a family member of the CEO for working on the Extra Time Provision. The transactions were all conducted at arm’s length” — page 37
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Leadership, per the charity’s website
- Adrian Batchelor — Chair of Trustees
- Dr. Alan Sanders — Chief Executive
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (23/02/2026)
Trustees
- RUSSELL MARTINchair
- Adrian Harold Batchelor
- James Burt
- Jamie Martin
- Kay Watson
- Kieran Mercer
- Lawrence May
- Richard Bradford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.4m | £1.4m |
| 31/08/2024 | £1.4m | £1.5m |
| 31/08/2023 | £1.2m | £1.3m |
| 31/08/2022 | £1.1m | £1.1m |
| 31/08/2021 | £716k | £688k |
Common questions
Is THE RUSSELL MARTIN FOUNDATION financially healthy?
The accounts state that the charity reported a net deficit of £56,712 for the year ended 31 August 2024, resulting in unrestricted reserves of £36,348. The trustees acknowledge that reserves are below their policy target of three months of operating costs due to project deficits and rising central costs, but note that management accounts for March 2025 show a return to surplus. Per the auditors, while the use of the going concern basis is appropriate, the charity had negative funds at the balance sheet date. Its FY2024 accounts were audited by West & Berry Limited.
What does the highest-paid employee of THE RUSSELL MARTIN FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the unclear band.
Who funds THE RUSSELL MARTIN FOUNDATION?
Funders whose own accounts filings name THE RUSSELL MARTIN FOUNDATION as a grant recipient include FONTHILL FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| FONTHILL FOUNDATION | FY2024 | £41k |
| FONTHILL FOUNDATION | FY2025 | £32k |
| FONTHILL FOUNDATION | FY2023 | £28k |
| FONTHILL FOUNDATION | FY2023 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JIGSAW NETWORK C.I.O. | 1 | £10k |
| CEO SLEEPOUT | 1 | £5k |
| THE DANSON FOUNDATION | 1 | £1k |
| CBRE UK CHARITABLE TRUST | 1 | £500 |