RSM UK FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity distributed over £1 million in donations during the year, primarily funded by a £583,461 donation from RSM UK. The trustees report that unrestricted reserves of £149,764 exceeded the stated policy target of approximately £25,000 due to timing differences in funding receipt and distribution, and the auditor confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Given these requirements the trustees consider the target for unrestricted reserves, after any designations, should be approximately £25,000.” — page 5
Leadership, per the charity’s website
- Nick Sladden — Chair of Trustees
Funders the charity credits
- RSM UK
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Catherine Jane Riches
- John Robert Taylor
- Kelly Adams
- Lisa Anne Mills
- Nicholas Paul Sladden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.0m |
| 31/03/2024 | £1.0m | £1.0m |
| 31/03/2023 | £843k | £744k |
| 31/03/2022 | £398k | £733k |
| 31/03/2021 | £775k | £545k |
Common questions
Is RSM UK FOUNDATION financially healthy?
The accounts state that the charity distributed over £1 million in donations during the year, primarily funded by a £583,461 donation from RSM UK. The trustees report that unrestricted reserves of £149,764 exceeded the stated policy target of approximately £25,000 due to timing differences in funding receipt and distribution, and the auditor confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PRIORY FOUNDATION | 1 | £28k |