THE SKIPASUND FOUNDATION
To support National Charities in the UK. To benefit the general public and improve public safety.To help children experiencing disadvantage, ie poverty, disability, discrimination etc
Objects
2.1 THE OBJECTS OF THE CHARITY ARE TO ADVANCE SUCH CHARITABLE PURPOSES ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE DIRECTORS SEE FIT FROM TIME TO TIME.2.2 NOTHING IN THESE ARTICLES SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH ANY STATUTORY PROVISION REGARDING THE MEANING OF THE WORD "CHARITABLE" OR THE WORDS "CHARITABLE PURPOSES" IN FORCE IN ENGLAND AND WALES.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £800,655 at the year end, which the trustees consider to be above their target level of covering expenditure for several years. The charity reported a net income surplus of £42,765 for the year, funded by donations and investment income, with no fundraising activities undertaken. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The foundation’s policy on reserves is to hold sufficient reserves to cover the charity’s expenditure for several years.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 13363253
Company officers (Companies House)
- FERNS, Michael Andrew on trustee list
- AGUSTSSON, Haraldur on trustee list
- MORRIS, Andrew Kingsley on trustee list
- SHEPHERD, Andrew on trustee list
- LEVITT, Michael
Trustees
- Haraldur Agustssonchair
- Andrew Morris
- Andrew Shepherd
- Michael Andrew Ferns
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £98k | £55k |
| 30/04/2024 | £12k | £73k |
| 30/04/2023 | £204k | £339k |
Common questions
Is THE SKIPASUND FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £800,655 at the year end, which the trustees consider to be above their target level of covering expenditure for several years. The charity reported a net income surplus of £42,765 for the year, funded by donations and investment income, with no fundraising activities undertaken. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.