THE JIM RATCLIFFE FOUNDATION

Registered charity 1183641 · accounts filings on the Charity Commission register

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Latest income
£771k
Latest spending
£20.1m
Registered
2019
Accounts read
FY2021

Financial health, per its FY2021 accounts

The accounts state that the charity holds unrestricted reserves of £25,300,168 against total net assets of the same amount, supported by cash balances of £21,585,826. The trustees confirm the charity has limited core costs and liabilities, with the main expenditure relating to grants awarded to third-party organisations. The financial review notes that the main financial contributor is Sir Jim Ratcliffe, who has provided significant funding without the charity seeking other contributions.

What the accounts disclose

Accounts audited by Azets Audit Services. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£771k
Total spending
£20.1m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: France · Iceland · Tanzania · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£771k£20.1m
31/12/2023£1.6m£47k
31/12/2022£607k£2.2m
31/12/2021£29.5m£842k
31/12/2020£4.5m£8.1m

Common questions

Is THE JIM RATCLIFFE FOUNDATION financially healthy?

The accounts state that the charity holds unrestricted reserves of £25,300,168 against total net assets of the same amount, supported by cash balances of £21,585,826. The trustees confirm the charity has limited core costs and liabilities, with the main expenditure relating to grants awarded to third-party organisations. The financial review notes that the main financial contributor is Sir Jim Ratcliffe, who has provided significant funding without the charity seeking other contributions. Its FY2021 accounts were audited by Azets Audit Services.