THE DAVIES FOUNDATION
To fund charitable causes which are nominated by employees of Davies and support one or more of the following; the advancement of citizen or community development, the advancement of education, the prevention or relief of poverty and the advancement of environmental protection. The Davies Foundation fundraises across locations which Davies operates: Bermuda, Canada, Ireland, UK and USA.
Objects
THE OBJECT OF THE CIO IS TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND & WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £100,368 to £90,174 due to net expenditure exceeding income. The trustees report that the charity intends to close its registered status by the end of the 2026 reporting period to transition into a corporate fund. Reserves remain significantly above the stated policy target of £5,000.
What the accounts disclose
“The charity will aim to maintain unrestricted reserves of £5,000.” — page 5
“The Davies Foundation has made the decision to close on its own terms and expect the year ending 2026 will be the last reporting period.” — page 6
“The Davies Group donations 36,967” — page 13
“All funds raised are matched by Davies Group, with both the funds raised and matched funding contributing to The Davies Foundation grants funding scheme.”
“The Davies Group donations 36,967” — page 13
“All funds raised are matched by Davies Group, with both the funds raised and matched funding contributing to The Davies Foundation grants funding scheme.”
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Trustees
- Daniel Saulterchair
- Emma Wedderburn
- Paris Baker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/02/2025 | £89k | £99k |
| 01/02/2024 | £112k | £109k |
| 01/02/2023 | £107k | £121k |
| 01/02/2022 | £157k | £55k |
| 01/02/2021 | £44k | £52k |
Common questions
Is THE DAVIES FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £100,368 to £90,174 due to net expenditure exceeding income. The trustees report that the charity intends to close its registered status by the end of the 2026 reporting period to transition into a corporate fund. Reserves remain significantly above the stated policy target of £5,000. Its FY2025 accounts were independently examined.