THE AUDLEY FOUNDATION
Grant making
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £2,577 for the year, resulting in total unrestricted reserves of £27,850. The trustees confirm that the budgeted income and expenditure, combined with current reserves, are sufficient for the charity to continue as a going concern. The charity has no employees and relies on donations and support from Audley Group Limited.
What the accounts disclose
“All income from donations for the current and prior period was unrestricted income totalling £90,505” — page 12
“It is a requirement of the Charity Commission to have ‘in reserve’ 3-6 months of administration costs.” — page 5
“Audley Group Limited supported the Audley Foundation throughout the year by donating £39,318 in the current year (2023: £43,903). Of which £9,318 was received in the current year (2023: £8,756) from Audley Group Limited in accordance with the match funding principles in places regarding the donations.” — page 13
Trustees
- John William Nettletonchair
- Anne Foster
- Jason Shaw
- Jenny Hunt
- Mark Sadler
- Tanisha Robinson-Noel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £91k | £88k |
| 31/12/2023 | £94k | £80k |
| 31/12/2022 | £66k | £56k |
| 31/12/2021 | £31k | £30k |
| 31/12/2020 | £0 | £0 |
Common questions
Is THE AUDLEY FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income of £2,577 for the year, resulting in total unrestricted reserves of £27,850. The trustees confirm that the budgeted income and expenditure, combined with current reserves, are sufficient for the charity to continue as a going concern. The charity has no employees and relies on donations and support from Audley Group Limited. Its FY2024 accounts were independently examined.