THE DOWNING FOUNDATION
Latest income
£439k
Latest spending
£334k
Registered
2020
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity generated a surplus of £92,478 and held unrestricted reserves of £112,543 at the year end. The trustees report that these reserves are sufficient to cover running costs and allow the charity to continue its activities. No material uncertainties or risks to going concern were identified in the filing.
What the accounts disclose
Reserves policy: cover the running costs of the charity (held: £113k)
“The charity aims to maintain reserves to cover the running costs of the charity.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from sole member
“During the year donations totalling £111,493 were received from Downing LLP the sole member of the charity. At the balance sheet date amounts totalling £nil (2022- £1,362) were due from Downing LLP.” — page 14
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- James Alexander Weaverchair
- Nicholas Peter Lewis
- Paul Joseph Harbard
- Stephen Edwin John Compson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £439k | £334k |
| 31/05/2024 | £12k | £52k |
| 31/05/2023 | £119k | £26k |
| 31/05/2022 | £29k | £9k |
| 31/05/2021 | £7k | £7k |
Common questions
Is THE DOWNING FOUNDATION financially healthy?
The accounts state that the charity generated a surplus of £92,478 and held unrestricted reserves of £112,543 at the year end. The trustees report that these reserves are sufficient to cover running costs and allow the charity to continue its activities. No material uncertainties or risks to going concern were identified in the filing. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MISS W E LAWRENCE 1973 CHARITABLE SETTLEMENT | 1 | £3k |