THE HOLSOME FOUNDATION

Registered charity 1208092 · accounts filings on the Charity Commission register

Provide relief and support to people affected by mental illness throughout England and Wales. Provide relief and support to serving military personnel, veterans and their families who are in conditions of need by reason of youth, age, ill-health, disability or financial hardship.Any organisation that promotes any charitable purpose for the benefit of the community in the county of Devon.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£5.1m
Latest spending
£27k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total funds of £5,064,236, with free reserves of £59,820. The trustees report that these reserves exceed their stated policy target of covering two months of expected grant expenditure. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: two months of expected grant expenditure (held: £60k)
“The Trustee has adopted a policy to maintain free reserves (unrestricted funds represented by cash) at a level sufficient to cover at least two months of expected grant expenditure” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Initial donation from family trust with common directors
“The initial donation of £5,050,000 was made from a family trust, the Trustees of which are common directors with the Corporate Trustee.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by WR Partners. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£5.1m
Total spending
£27k
Reserves (reported)
£60k
Employees
0

Reported reserves equal ~26.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£5.1m£27k

Common questions

Is THE HOLSOME FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds total funds of £5,064,236, with free reserves of £59,820. The trustees report that these reserves exceed their stated policy target of covering two months of expected grant expenditure. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by WR Partners.