THE CHERRY FAMILY FOUNDATION
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.
Objects
THE OBJECTS OF THE CIO ARE: TO 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 AS A MEANS OF:A) ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;B) ADVANCING EDUCATION;C) RELIEVING UNEMPLOYMENT;D) ADVANCING HEALTH OR RELIEVING SICKNESS;E) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.
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.
What the accounts disclose
“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
“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
“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
“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
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 4 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2022 (received 18/04/2023, 77 days after the 31/01/2023 due date).
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Richard Cherrychair
- Amelia Cherry
- ELIZABETH SCUTT
- Graham Cherry
- Kevin Thomas
- LUCY BRADLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOHN COATES CHARITABLE TRUST | 2 | £33k |
| THE IAN ASKEW CHARITABLE TRUST | 2 | £4k |
| THE BLAGRAVE TRUST | 1 | £257k |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £255k |
| THE TOLKIEN TRUST | 1 | £220k |
| John Lewis Partnership Foundation | 1 | £181k |
| AKO FOUNDATION | 1 | £175k |
| THE SACHS FOUNDATION | 1 | £130k |
Charities like this
- THE FAMILY FOUNDATION
- LLANYBYDDER FAMILY CENTRE
- BECOME CHARITY
- CHESHIRE COMMUNITY FOUNDATION LIMITED
- CHERRY TREES
- CHERRYTREE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHERRY FAMILY FOUNDATION | £85k | — | 0 | unclear | — | no doubt |
| THE FAMILY FOUNDATION | £86k | — | 0 | unclear | — | no doubt |
| LLANYBYDDER FAMILY CENTRE | £45k | Under £60,000 | 0 | unclear | — | no doubt |
| BECOME CHARITY | £2.0m | — | — | unclear | — | no doubt |
| CHESHIRE COMMUNITY FOUNDATION LIMITED | £2.3m | — | — | unclear | — | no doubt |
| CHERRY TREES | £2.0m | — | 0 | unclear | — | no doubt |