THE PERMIRA FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported unrestricted free reserves of €779,852, which the trustees consider to be in line with their policy target of three months' operating costs. The trustees confirmed that the financial statements are prepared on a going concern basis, citing sufficient reserves and the continued commitment of the Permira Group to fund the charity. The auditor reported no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Charity's target for unrestricted free reserves is three months operating costs.” — page 8
“As at 31 December 2023 Paul Richard Armstrong was listed as a trustee of the Charity and Social Business Trust, a charity which received grants of €237,416 (2023: €461,196) during the year. Alex Vander Linde was listed as a Trustee of Minds Matter Bay Area, a charity which received a grant of £219,312 (2023: €228,394) and a donation of €16,954 (2023: €14,170) during the year. Conflicted Trustees take no part in decisions in respect of the selection of relevant charities or the award of grants to such charities.” — page 24
“As at 31 December 2023 Paul Richard Armstrong was listed as a trustee of the Charity and Social Business Trust, a charity which received grants of €237,416 (2023: €461,196) during the year. Alex Vander Linde was listed as a Trustee of Minds Matter Bay Area, a charity which received a grant of £219,312 (2023: €228,394) and a donation of €16,954 (2023: €14,170) during the year. Conflicted Trustees take no part in decisions in respect of the selection of relevant charities or the award of grants to such charities.” — page 24
“As at 31 December 2023 Paul Richard Armstrong was listed as a trustee of the Charity and Social Business Trust, a charity which received grants of €237,416 (2023: €461,196) during the year. Alex Vander Linde was listed as a Trustee of Minds Matter Bay Area, a charity which received a grant of £219,312 (2023: €228,394) and a donation of €16,954 (2023: €14,170) during the year. Conflicted Trustees take no part in decisions in respect of the selection of relevant charities or the award of grants to such charities.” — page 24
“As at 31 December 2023 Paul Richard Armstrong was listed as a trustee of the Charity and Social Business Trust, a charity which received grants of €237,416 (2023: €461,196) during the year. Alex Vander Linde was listed as a Trustee of Minds Matter Bay Area, a charity which received a grant of £219,312 (2023: €228,394) and a donation of €16,954 (2023: €14,170) during the year. Conflicted Trustees take no part in decisions in respect of the selection of relevant charities or the award of grants to such charities.” — page 24
Corporate structure
- Registered company of the charity Companies House 10877948
Leadership, per the charity’s website
- Bruce Embley — Trustee
- Olivia Biggs — Trustee
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Richard Andrew Sanders MA MBAchair
- ARIADNA RUDER
- Alistair David Boyle
- Bruce Embley
- David Alan Kovara
- Nicola Volpi
- Olivia Sarah Biggs
- Peter Gibbs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £4.6m | £5.0m |
| 31/12/2024 | £4.1m | £3.9m |
| 31/12/2023 | £4.3m | £4.8m |
| 31/12/2022 | £7.0m | £6.4m |
| 31/12/2021 | £3.3m | £2.8m |
Common questions
Is THE PERMIRA FOUNDATION financially healthy?
The accounts state that the charity reported unrestricted free reserves of €779,852, which the trustees consider to be in line with their policy target of three months' operating costs. The trustees confirmed that the financial statements are prepared on a going concern basis, citing sufficient reserves and the continued commitment of the Permira Group to fund the charity. The auditor reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PARMITER'S SCHOOL FOUNDATION | 1 | £594k |