THE MOULDING FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £10,039,410 to £6,479,727 due to a significant unrealized loss on investments of £4,348,295. The trustees report that the charity has sufficient funds to meet ongoing administrative obligations and continue operations for the next twelve months. No formal reserves policy target is stated, as the trustees concluded one was not required given the simplicity of operations.
What the accounts disclose
“Cash donations totalling £727,480 (2023: £231,000) were received from THG PLC, a related company. The CEO of THG had previously waived their salary in lieu of a charitable donation, THG subsequently decided, following approval from the Charity Committee and Related Party Committee, to donate this amount to The Moulding Foundation.” — page 24
“Cash donations totalling £185,000 (2023: £84,000) were received from Jodie Moulding (trustee).” — page 24
“Cash donations totalling £727,480 (2023: £231,000) were received from THG PLC, a related company. The CEO of THG had previously waived their salary in lieu of a charitable donation, THG subsequently decided, following approval from the Charity Committee and Related Party Committee, to donate this amount to The Moulding Foundation.” — page 24
“Cash donations totalling £185,000 (2023: £84,000) were received from Jodie Moulding (trustee).” — page 24
“Cash donations totalling £727,480 (2023: £231,000) were received from THG PLC, a related company. The CEO of THG had previously waived their salary in lieu of a charitable donation, THG subsequently decided, following approval from the Charity Committee and Related Party Committee, to donate this amount to The Moulding Foundation.” — page 24
“Cash donations totalling £185,000 (2023: £84,000) were received from Jodie Moulding (trustee).” — page 24
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Ian William Armstrong
- Jodie Moulding
- Max Moulding
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.0m | £250k |
| 31/12/2023 | £407k | £3.4m |
| 31/12/2022 | £1.3m | £245k |
| 31/12/2021 | £88.1m | £2.5m |
Common questions
Is THE MOULDING FOUNDATION financially healthy?
The accounts state that unrestricted reserves decreased from £10,039,410 to £6,479,727 due to a significant unrealized loss on investments of £4,348,295. The trustees report that the charity has sufficient funds to meet ongoing administrative obligations and continue operations for the next twelve months. No formal reserves policy target is stated, as the trustees concluded one was not required given the simplicity of operations. Its FY2024 accounts were audited by Hurst Accountants Limited.