THE TEWKESBURY ABBEY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that total resources decreased to £775,364 from £849,332 in the prior year, resulting in a net loss of £92,993. The trustees confirm that current reserves are above the minimum level required by their policy, which mandates covering funding commitments and governance costs for a future period of 3 years.
What the accounts disclose
“No employee received emoluments of more than £60,000 (2023: none).” — page 12
“The Trustees shall ensure that the minimum level of reserves shall cover the funding commitments and governance costs for any future period of 3 years.”
“During the period, Tewkesbury Abbey Foundation made grants of £35,000 (2023: £21,349) to Tewkesbury Abbey PCC. John Jeffreys, Paul Charman, Janet Davis and Rev, Canon Nicholas Duff Davies were/are Trustees of both Tewkesbury Abbey Foundation and Tewkesbury Abbey PCC.” — page 18
Structured financials (annual return, FY ending 31/12/2020)
Register events
- Received assets from another charity (06/05/2021)
- Received assets from another charity (08/03/2021)
Trustees
- JOHN HARVEY PAINTER BA, FCA
- Paul David Charman
- Paul David Hunston
- Rev Nicholas Duff Davies
- Simon Richard Chorley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £105k | £155k |
| 31/12/2023 | £44k | £127k |
| 31/12/2022 | £76k | £136k |
| 31/12/2021 | £54k | £93k |
| 31/12/2020 | £1.0m | £75k |
Common questions
Is THE TEWKESBURY ABBEY FOUNDATION financially healthy?
The accounts state that total resources decreased to £775,364 from £849,332 in the prior year, resulting in a net loss of £92,993. The trustees confirm that current reserves are above the minimum level required by their policy, which mandates covering funding commitments and governance costs for a future period of 3 years. Its FY2024 accounts were independently examined.
What does the highest-paid employee of THE TEWKESBURY ABBEY FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds THE TEWKESBURY ABBEY FOUNDATION?
Funders whose own accounts filings name THE TEWKESBURY ABBEY FOUNDATION as a grant recipient include THE MCCORQUODALE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MCCORQUODALE CHARITABLE TRUST | FY2025 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LIDBURY FAMILY TRUST | 1 | £182k |
| THE STEWARTS LAW FOUNDATION | 1 | £250 |