THE RODEL FOUNDATION
General Charitable Purposes
Objects
THE OBJECTS OF THE CIO ('OBJECTS') ARE 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 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
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CORNWALL COMMUNITY FOUNDATION | 1 | £258k |
Charities like this
- THE REGAL TRUST LIMITED
- THE ROSELANDS TRUST
- POLDEN GOSPEL HALL TRUST
- SEDEL - COLLINGS FOUNDATION
- THE RADFIELD TRUST
- ROTARY CLUB OF LODDON VALE TRUST FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RODEL FOUNDATION | £50k | — | 0 | above | — | no doubt |
| THE REGAL TRUST LIMITED | £658k | — | 0 | unclear | — | no doubt |
| THE ROSELANDS TRUST | £223k | — | 0 | unclear | — | no doubt |
| POLDEN GOSPEL HALL TRUST | £559k | — | 0 | unclear | — | no doubt |
| SEDEL - COLLINGS FOUNDATION | £162k | — | 0 | unclear | — | no doubt |
| THE RADFIELD TRUST | £5k | — | 0 | above | — | no doubt |