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THE ROY PROCTOR FOUNDATION

Registered charity 1189617 · accounts filings on the Charity Commission register

General charitable purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£28k
Latest spending
£11k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held free reserves of £30,361 and expendable endowment investments valued at £811,411 at the end of the reporting period. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention that would hinder a proper understanding of the accounts.

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

What the accounts disclose

Reserves policy: maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks (held: £30k)
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Ludlow Trust Company Limited, a corporate trustee, received £7,011 for trust administration and cash management services.
“Ludlow Trust Company Limited was paid £7,011 (2024: £5,565) for trust administration and cash management services during the year under review. These fees are authorized under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited, a corporate trustee, was paid for trust administration and cash management services.
“Ludlow Trust Company Limited was paid £7,011 (2024: £5,565) for trust administration and cash management services during the year under review. These fees are authorized under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
03/03/2025£28k£11k
03/03/2024£15k£88k
03/03/2023£10k£13k
03/03/2022£88k£93k
03/03/2021£2k£6k

Common questions

Is THE ROY PROCTOR FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity held free reserves of £30,361 and expendable endowment investments valued at £811,411 at the end of the reporting period. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention that would hinder a proper understanding of the accounts. Its FY2025 accounts were independently examined.