THE SERCO PEOPLE FUND

Registered charity 1194113 · accounts filings on the Charity Commission register

The Serco People Fund supports Serco colleagues and their close families facing extraordinary financial challenges. The People Fund embraces Serco's value of Care, providing support to colleagues and their families in times of need. As an independent charity we do this by providing grants in response to applications from colleagues and, where helpful, connecting them to other assistance.

Objects

For the public benefit, to relieve poverty, directly or indirectly, among current employees or retired employees of Serco (or its associated businesses) and their dependants or immediate relatives (which shall mean spouses, children and grandchildren).

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£150k
Latest spending
£621k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £2,296,655, which the trustees consider sufficient to cover operations for the next 24 months. The charity has no employees and no ongoing financial commitments, relying on a one-off donation and investment income to fund its charitable activities. The trustees report that the current forecasting predicts cash reserves will be more than enough to continue operations.

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

What the accounts disclose

Reserves policy: no requirement to maintain reserves (held: £2.3m)
“The Trustees consider the Fund to have no requirement to maintain reserves as it has no ongoing financial commitments and no employees.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Serco Group Plc provided secretarial and administrative services valued at £36,000.
“Serco also provided secretarial and administrative services to the Charity for which no charge was made. The Trustees have estimated the value of these services to the Charity as being £36,000 (2024: £36,000). In accordance with the Charity’s accounting policy, this is recognised as notional income and also as a notional expense.” — page 28
“During the year £5,678 (2024: £4,991) was donated by employees of Serco.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Serco Group Plc and employees donated £5,678.
“Serco also provided secretarial and administrative services to the Charity for which no charge was made. The Trustees have estimated the value of these services to the Charity as being £36,000 (2024: £36,000). In accordance with the Charity’s accounting policy, this is recognised as notional income and also as a notional expense.” — page 28
“During the year £5,678 (2024: £4,991) was donated by employees of Serco.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public fundraising profile: JustGiving — The Serco People Fund (matched by registered charity number).

Structured financials (annual return, FY ending 30/09/2022)

Total income
£4.1m
Total spending
£199k
Reserves (reported)
£3.9m
Employees
0

Reported reserves equal ~234.0 months of spending — in the top quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.0%) (benchmarks).

Trustees · trustee networks

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

Operates in: Australia · Throughout England And Wales · United Arab Emirates

Income and spending

Financial year endIncomeSpending
30/09/2025£150k£621k
30/09/2024£160k£927k
30/09/2023£145k£469k
30/09/2022£4.1m£199k

Common questions

Is THE SERCO PEOPLE FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,296,655, which the trustees consider sufficient to cover operations for the next 24 months. The charity has no employees and no ongoing financial commitments, relying on a one-off donation and investment income to fund its charitable activities. The trustees report that the current forecasting predicts cash reserves will be more than enough to continue operations. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PRISON SERVICE CHARITY FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE SERCO PEOPLE FUND£150k—0above—no doubt
PRISON SERVICE CHARITY FUND FY2025£170k—0unclear—no doubt
CARE WORKERS SUPPORT FY2025£1.3m——above—no doubt
SEREN FFESTINIOG CYF. FY2025£2.8mUnder £60,0000unclear—no doubt
FORCES SUPPORT LIMITED FY2025£2.3m£80,001 - £90,0001unclear—no doubt
SEFTON CARERS CENTRE FY2025£2.2m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.