THE RODEL FOUNDATION
General Charitable Purposes
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £48,145 at the end of the financial year, representing a significant increase from the previous year's £1,975. The trustees confirm that the level of funds is sufficient to cover expected income and expenditure for the next 12 months, with no material uncertainties affecting the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees aim to maintain reserves at a level that would cover any future commitments of the charity.” — page 4
“In the year ended 31 March 2025 a donation of £50,000 was received from Inverbroom Hydro Limited, a company of which Mark Lorimer is a director.” — page 12
Trustees
- Mark Lorimerchair
- Angus Forrest
- James Wyldbore-Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £50k | £4k |
| 31/03/2024 | £0 | £10k |
| 31/03/2023 | £30k | £19k |
Common questions
Is THE RODEL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £48,145 at the end of the financial year, representing a significant increase from the previous year's £1,975. The trustees confirm that the level of funds is sufficient to cover expected income and expenditure for the next 12 months, with no material uncertainties affecting the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.