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Alex Ferry Foundation

Registered charity 1179847 · accounts filings on the Charity Commission register · also known as ALEX FERRY LIMITED

N/A

Causes: The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£444k
Latest spending
£795k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £28,205,000, significantly exceeding its stated short-term reserve target of one year's expenditure less anticipated income. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by substantial investment assets and sufficient investment income to meet budgeted activities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investments (100% of income)
“Income for the year ended 31 December 2024 totalled £444,000 (2023: £459,000) which was wholly derived from the charity’s investments.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: one year's expenditure less the anticipated income (held: £28.2m)
“The Foundation’s reserve policy is in two parts. A short-term reserve provides immediate liquidity for one year and is deposited in ‘safe’ assets, such as bank accounts. Its target value is one year’s expenditure less the anticipated income. A long-term reserve provides exposure to long term economic growth.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Recharges between the Foundation and the Confederation of Shipbuilding and Engineering Unions (CSEU) for staff time and occupancy costs. Key management personnel (External Relations Director and CSEU Member trustees) hold senior roles in the CSEU.
“The Foundation paid a net amount of £nil (2023: £33,638) for recharge to the Confederation of Shipbuilding and Engineering Unions of £nil (2023: £17,313) for the Foundation staff that worked for the Confederation of Shipbuilding and Engineering Unions and recharge from the Confederation of Shipbuilding and Engineering Unions of £nil (2023: £50,952) for its staff that worked for the Foundation. The Foundation received £nil (2023: £16,977) from the Confederation of Shipbuilding and Engineering Unions in respect of recharged occupancy costs as the Foundation provides accommodation resources to the Confederation. I Waddell, the External Relations Director of the Foundation, is General Secretary of the Confederation. D M Holland, A J McDiarmid and M Roberts, who are CSEU Member trustees of the Foundation, are members of the Executive Council of the Confederation.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£444k£795k
31/12/2023£459k£937k
31/12/2022£426k£776k
31/12/2021£377k£629k
31/12/2020£209k£733k

Common questions

Is Alex Ferry Foundation financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £28,205,000, significantly exceeding its stated short-term reserve target of one year's expenditure less anticipated income. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by substantial investment assets and sufficient investment income to meet budgeted activities. Its FY2024 accounts were audited by Buzzacott Audit LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
HABITAT FOR HUMANITY GREAT BRITAIN1£35k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HA MEEM FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Alex Ferry Foundation£444k——unclear—no doubt
HA MEEM FOUNDATION FY2025£496k—0below—no doubt
AVE FENIX ALBION FOUNDATION LIMITED FY2024£47k—0unclear—no doubt
THE FYRISH FOUNDATION FY2025£1.2m—0above—no doubt
FOUX FOUNDATION FY2025£200k—0unclear—no doubt
THE JOLLY FOUNDATION FY2025£5.6m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.