RICK MATHER DAVID SCRASE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,304,813, which the trustees consider sufficient to continue grant giving. The charity maintains a reserves policy of holding three to six months of expenditure, a level it confirms has been maintained throughout the year. Despite a net decrease in funds of £578,602 due to significant grant spending and investment losses, the trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
Structured financials (annual return, FY ending 05/04/2024)
Trustees
- Richard Jarmanchair
- Charlie Barclay
- Hugh Anthony Wilson
- Professor Catherine Whistler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £134k | £687k |
| 05/04/2024 | £781k | £375k |
| 05/04/2023 | £2.6m | £270k |
Common questions
Is RICK MATHER DAVID SCRASE FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £2,304,813, which the trustees consider sufficient to continue grant giving. The charity maintains a reserves policy of holding three to six months of expenditure, a level it confirms has been maintained throughout the year. Despite a net decrease in funds of £578,602 due to significant grant spending and investment losses, the trustees report no material uncertainties regarding 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 |
|---|---|---|
| THE PRIORY FOUNDATION | 1 | £28k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £15k |