THE EQUITIX FOUNDATION
The charity makes grants to other organisations for charitable purposes.
Objects
TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £5,458 for the year, resulting in unrestricted funds of £1,175 at year-end. The trustees note that the charity relies on financial support from Equitix to meet liabilities and continue in existence for the foreseeable future. Per the trustees' report, the level of reserves is reviewed periodically to ensure it reflects current developments, though no specific policy target is stated.
What the accounts disclose
“The trustees have confirmed that Equitix will continue to give financial support to the charity and including year end liabilities will be met to continue in existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.” — page 9
“During the year, a donation of £2,038 (2023: £13,933) was made by Equitix Infrastructure Investments Ltd. One of the trustees, H B Crossley is a director of this company.” — page 13
“During the year, donations totalling £149,899 (2023: £70,504) were made by Equitix Ltd. One of the trustees, H B Crossley is a director of this company.” — page 13
“During the year, a donation of £2,038 (2023: £13,933) was made by Equitix Infrastructure Investments Ltd. One of the trustees, H B Crossley is a director of this company.” — page 13
“During the year, donations totalling £149,899 (2023: £70,504) were made by Equitix Ltd. One of the trustees, H B Crossley is a director of this company.” — page 13
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Grant-making is its main activity
Trustees
- Hugh Barnabas Crossleychair
- David Rose
- Geoffrey Allan Jackson
- Greg Wadsworth
- Michael Andrew Bryan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £207k | £208k |
| 30/06/2024 | £259k | £252k |
| 30/06/2023 | £185k | £191k |
| 30/06/2022 | £0 | £0 |
Common questions
Is THE EQUITIX FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £5,458 for the year, resulting in unrestricted funds of £1,175 at year-end. The trustees note that the charity relies on financial support from Equitix to meet liabilities and continue in existence for the foreseeable future. Per the trustees' report, the level of reserves is reviewed periodically to ensure it reflects current developments, though no specific policy target is stated. Its FY2024 accounts were independently examined.
Charities like this
- THE EQUINOXE TRUST
- TRELIX CHARITABLE TRUST
- GRAFF FOUNDATION
- THE HERITAGE FOUNDATION
- CHARITY EXTRA CHARITABLE TRUST
- UK FUND FOR CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE EQUITIX FOUNDATION | £207k | — | 0 | unclear | — | noted |
| THE EQUINOXE TRUST | £785k | — | 0 | unclear | — | no doubt |
| TRELIX CHARITABLE TRUST | £55k | — | 0 | unclear | — | no doubt |
| GRAFF FOUNDATION | £1.4m | — | 0 | above | — | no doubt |
| THE HERITAGE FOUNDATION | £463k | — | 0 | above | — | no doubt |
| CHARITY EXTRA CHARITABLE TRUST | £48k | — | 0 | below | — | noted |