Charity Accounts Intelreading the accounts so you don’t have to

MICHAEL AND SARAH SPENCER FOUNDATION

Registered charity 1184658 · accounts filings on the Charity Commission register

Provide support to other registered charities, in particular but not limited to:1. Relief of sickness and the preservation of health among people anywhere in the world.2. Prevention and relief of poverty anywhere in the world by providing grants, items and services.3. Benefit of public to promote education of people anywhere in the world by grants and financial assistance.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Environment/conservation/heritage · Get email alerts

Latest income
£58k
Latest spending
£54k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £3,717 for the year ended 31 March 2025, with unrestricted net assets increasing to £5,185. The trustees confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy is to maintain sufficient funds to continue activities should income drop, though no specific monetary target is stated.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations (100% of income)
“Donations 2 57,943 - 57,943 107,000” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: create sufficient reserves to enable the charity to continue its activities and services at a meaningful level, should there be a drop in income (held: £5k)
“The charity's reserves policy is to create sufficient reserves to enable the charity to continue its activities and services at a meaningful level, should there be a drop in income.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 11
“Donations of £57,943 (2024: £107,00) have been received from IPGL Limited, a wholly owned subsidiary of IPGL (Holdings) Limited. The ultimate controlling party is Lord Michael Alan Spencer by virtue of his shareholdings in IPGL (Holdings) Limited.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2022)

Total income
£934k
Total spending
£929k
Reserves (reported)
£3k
Employees
0

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income.

Trustees · trustee networks

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

Operates in: Algeria · Angola · Australia · Bangladesh · Botswana · Central African Republic · Chad · Congo (Democratic Republic) · Djibouti · Eswatini · Ethiopia · Kenya

Income and spending

Financial year endIncomeSpending
31/03/2025£58k£54k
31/03/2024£107k£103k
31/03/2023£172k£177k
31/03/2022£934k£929k
31/03/2021£574k£663k

Common questions

Is MICHAEL AND SARAH SPENCER FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £3,717 for the year ended 31 March 2025, with unrestricted net assets increasing to £5,185. The trustees confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy is to maintain sufficient funds to continue activities should income drop, though no specific monetary target is stated. Its FY2025 accounts were independently examined.