Charity Accounts Intelreading the accounts so you don’t have to

THE CHERRY FAMILY FOUNDATION

Registered charity 1193349 · accounts filings on the Charity Commission register

We act as a resource for young people living in London and the East and the South East of England by providing grants to organise programmes of physical, educational and other activities.

Causes: Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£85k
Latest spending
£256k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £3,359,193 at the end of the financial year, a decrease from the previous year's £3,518,745. The charity reported a net movement in funds of -£159,552, driven by charitable expenditure of £256,338 against total income of £254,643. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.

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

What the accounts disclose

Reserves policy: maintain a level of reserves such that its capital is preserved and the income arising can be used for grant funding activities (held: £3.4m)
“The charity objective is to grow its investment base through donations to allow it to maintain a level of reserves such that its capital is preserved and the income arising can be used for grant funding activities.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Management fees of £5,694 paid to a daughter of a trustee; Fees of £7,117 paid to Rickard Luckin Limited (minority shareholder trustee Kevin Thomas).
“Management fees of £5,694 (2024: £4,348) for running the charity were paid to a daughter of a trustee. Fees of £7,117 (2024: 4,239) were paid to Rickard Luckin Limited, a company of which Kevin Thomas is a minority shareholder, for accountancy services and management of gift aid claims during the period.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management fees paid to a trustee's daughter
“Management fees of £5,694 (2024: £4,348) for running the charity were paid to a daughter of a trustee.” — page 17
“Fees of £7,117 (2024: 4,239) were paid to Rickard Luckin Limited, a company of which Kevin Thomas is a minority shareholder, for accountancy services and management of gift aid claims during the period.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Accountancy fees paid to a trustee-connected company
“Management fees of £5,694 (2024: £4,348) for running the charity were paid to a daughter of a trustee.” — page 17
“Fees of £7,117 (2024: 4,239) were paid to Rickard Luckin Limited, a company of which Kevin Thomas is a minority shareholder, for accountancy services and management of gift aid claims during the period.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Edmund Carr LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2023)

Total income
£3.7m
Total spending
£296k
Reserves (reported)
£3.4m
Employees
0

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£85k£256k
31/03/2024£205k£255k
31/03/2023£3.7m£296k
31/03/2022£181k£141k

Common questions

Is THE CHERRY FAMILY FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £3,359,193 at the end of the financial year, a decrease from the previous year's £3,518,745. The charity reported a net movement in funds of -£159,552, driven by charitable expenditure of £256,338 against total income of £254,643. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Edmund Carr LLP.