DR. MARTENS FOUNDATION

Registered charity 1194513 · accounts filings on the Charity Commission register

Latest income
£904k
Latest spending
£1.1m
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Dr. Martens Foundation reported a net expense of £177,000 for the year ended 31 March 2025, driven by charitable grants of £824,000 against total income of £905,000. Unrestricted reserves decreased to £74,000 from £251,000 in the prior year, though the trustees confirm this remains above their target of three months' forecasted operational costs. The foundation relies on donations from the Dr. Martens Group and maintains a simple structure with no long-term financial commitments.

What the accounts disclose

Reserves policy: three months of forecasted operational cost expenditure plus potential statutory redundancy liabilities (held: £74k)
The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of forecasted operational cost expenditure plus potential statutory redundancy liabilities. — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PricewaterhouseCoopers LLP.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£904k
Total spending
£1.1m
Reserves (reported)
£74k
Employees
2

Reported reserves equal ~0.8 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: China · France · Germany · Hong Kong · Italy · Japan · Laos · Northern Ireland · South Korea · Spain · Thailand · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£904k£1.1m
31/03/2024£935k£2.0m
31/03/2023£181k£1.2m
31/03/2022£3.3m£861k

Common questions

Is DR. MARTENS FOUNDATION financially healthy?

The accounts state that the Dr. Martens Foundation reported a net expense of £177,000 for the year ended 31 March 2025, driven by charitable grants of £824,000 against total income of £905,000. Unrestricted reserves decreased to £74,000 from £251,000 in the prior year, though the trustees confirm this remains above their target of three months' forecasted operational costs. The foundation relies on donations from the Dr. Martens Group and maintains a simple structure with no long-term financial commitments. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.

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