THE RAYNE FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity holds high cash reserves and sufficient financial reserves to meet all current and anticipated future commitments, with no funding commitments cancelled for lack of funds. The trustees confirm that internal control processes are in place and that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The free reserves held at the year-end were negative £121,502. The position arises due to the significant value of Bromley Place purchased from unrestricted funds and mortgage funds.”
“Jeremy Sandelson is on the board of The Bike Project which was granted £50,000 in the year.” — page 52
Structured financials (annual return, FY ending 30/11/2024)
Register events
- Received assets from another charity (18/03/2019)
Trustees
- BARONESS JULIA BABETTE SARAH NEUBERGER
- Jeremy Sandelson
- Miriam Rich
- Nick Viner
- The Honourable NATASHA DEBORAH RAYNE
- The Honourable NICHOLAS ALEXANDER RAYNE MA (OXON), MSC
- The Honourable Alexander Rayne
- The Honourable Tamara Wood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £2.4m | £5.3m |
| 30/11/2023 | £2.3m | £2.9m |
| 30/11/2022 | £2.0m | £2.5m |
| 30/11/2021 | £2.0m | £2.6m |
| 30/11/2020 | £2.2m | £7.2m |
Common questions
Is THE RAYNE FOUNDATION financially healthy?
The accounts state that the charity holds high cash reserves and sufficient financial reserves to meet all current and anticipated future commitments, with no funding commitments cancelled for lack of funds. The trustees confirm that internal control processes are in place and that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |