THE CLEARY FOUNDATION
Providing grants and financial support to charities for educational and environmental purposes
Objects
THE OBJECTS OF THE CIO ARE TO ADVANCE SUCH CHARITABLE PURPOSE (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME BY PROVIDING GRANTS AND FUNDING.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,038,310 against total funds of £1,176,597. The trustees consider the preparation of financial statements on a going concern basis to be appropriate, noting that the charity has built resilience into its investment strategy to withstand short-term fluctuations. No staff costs were incurred, and the charity reported a net income increase of £50,005 for the year.
What the accounts disclose
“There is a loan agreement in place between the Cleary Foundation CIO and The Bay Trust. During the period, £95,000 (2024: £25,000) was advanced and £23,994 (2023: £19,500) was repaid to the Cleary Foundation CIO. Interest of £48,504 (2024: £27,167) has been charged in the period. At the balance sheet date, the amount due to the CIO by The Bay Trust was £994,510 (2024: £878,314).”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Register events
- Received assets from another charity (19/05/2021)
Trustees
- DAVID HANNENTchair
- ALISTAIR THOMAS FREDERICK GOULD BSC MRICS
- CHARLES PHILIP BICKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £49k | £14k |
| 31/03/2024 | £41k | £9k |
| 31/03/2023 | £29k | £32k |
| 31/03/2022 | £29k | £37k |
| 31/03/2021 | £27k | £29k |
Common questions
Is THE CLEARY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,038,310 against total funds of £1,176,597. The trustees consider the preparation of financial statements on a going concern basis to be appropriate, noting that the charity has built resilience into its investment strategy to withstand short-term fluctuations. No staff costs were incurred, and the charity reported a net income increase of £50,005 for the year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SONGDALE LIMITED | 1 | £8k |
Charities like this
- THE CLEAR FOUNDATION
- THE SINCLAIR CHARITY
- THE CLEARWATER CHARITABLE TRUST
- THE BLAIR TRUST FUND
- THE RELIEF TRUST
- CLOSE CHARITABLE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CLEARY FOUNDATION | £49k | — | 0 | unclear | — | no doubt |
| THE CLEAR FOUNDATION | £86k | — | 0 | unclear | — | no doubt |
| THE SINCLAIR CHARITY | £514k | — | — | unclear | — | no doubt |
| THE CLEARWATER CHARITABLE TRUST | £61k | — | 0 | unclear | — | no doubt |
| THE BLAIR TRUST FUND | £187k | — | 0 | unclear | — | no doubt |
| THE RELIEF TRUST | £39k | — | 0 | above | — | no doubt |