THE ELMA FOUNDATION (UK)
The Charity is a grant-making charity, and it supports a range of charities which undertake activities and initiatives falling within the Charity's objects that improve the lives of children in Africa and the UK.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £3,977,950, which is in excess of the charity's stated reserves policy target of covering one year's grant disbursements and operating expenditure. The charity reported a net expenditure for the year, funded by donations from a trustee and interest income, while maintaining sufficient cash resources to meet commitments for at least the next 12 months.
What the accounts disclose
“The Charity’s reserves policy is to maintain, at the end of each accounting period, cash and cash equivalent reserves to cover one year’s grant disbursements on active grants plus one year’s budgeted operating expenditure.” — page 6
Corporate structure
- Registered company of the charity Companies House 10986594
Company officers (Companies House)
- RODERICK, Lance Dale on trustee list
- GRAHAM, Elaine Li Yi on trustee list
- CALDER, Clive Ian on trustee list
- CALDER, Robyn Beverley on trustee list
- DOUGLAS, Richard Edward on trustee list
- LANCASTER, Martin on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- CLIVE CALDER
- ELAINE LI YI GRAHAM
- Lance Dale Roderick
- MARTIN LANCASTER
- RICHARD DOUGLAS
- ROBYN CALDER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.9m | £5.3m |
| 31/12/2023 | £7.1m | £4.2m |
| 31/12/2022 | £12k | £4.9m |
| 31/12/2021 | £9.0m | £9.9m |
| 31/12/2020 | £6.5m | £3.4m |
Common questions
Is THE ELMA FOUNDATION (UK) financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £3,977,950, which is in excess of the charity's stated reserves policy target of covering one year's grant disbursements and operating expenditure. The charity reported a net expenditure for the year, funded by donations from a trustee and interest income, while maintaining sufficient cash resources to meet commitments for at least the next 12 months. Its FY2024 accounts were audited by Deloitte LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RT HON ELSE COUNTESS BEAUCHAMP DECEASED CHARITABLE TRUST | 1 | £540k |
| GLOBAL CANOPY | 1 | £100k |
| The Caring Family Foundation | 1 | £39k |
| THE GROCERS' CHARITY | 1 | £27k |
| THE CHILLAG FAMILY CHARITABLE TRUST | 1 | £14k |
| SOCIETY OF THE HOLY CHILD JESUS CIO | 1 | £10k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £3k |
Charities like this
- THE ELM FOUNDATION LTD
- THE ELMLEY FOUNDATION
- JOHN ELLERMAN FOUNDATION
- THE EMET FOUNDATION
- THE EWELME EXHIBITION FOUNDATION
- THE HALIMA EILEEN FOUNDATION FOR CHILDREN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ELMA FOUNDATION (UK) | £3.9m | — | 0 | above | — | no doubt |
| THE ELM FOUNDATION LTD | £2.1m | — | 0 | unclear | — | no doubt |
| THE ELMLEY FOUNDATION | £433k | — | 0 | below | — | no doubt |
| JOHN ELLERMAN FOUNDATION | £3.4m | — | — | unclear | — | no doubt |
| THE EMET FOUNDATION | £140k | — | 0 | unclear | — | no doubt |
| THE EWELME EXHIBITION FOUNDATION | £227k | — | 0 | unclear | — | no doubt |