CHARITY OF RICHARD CLOUDESLEY
Financial health, per its FY2025 accounts
The accounts state that total income fell by 13% to £1,517,000 due to a shift in investment focus, while charitable expenditure increased by 3.9% to £3,384,000. Consequently, the charity reported a net movement in funds of a loss of £1,047,000, reducing total net assets to £56,991,000. All funds are classified as endowment funds, with unrestricted reserves effectively nil as transfers from total return are used to fund activities.
What the accounts disclose
“In making these transfers, the charity seeks to be even-handed between current and future beneficiaries and to maintain the balance of the unapplied total return at an appropriate level considering the volatility of investment markets.” — page 11
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Richard Cloudesley Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.5m | £3.4m |
| 30/06/2024 | £1.7m | £3.3m |
| 30/06/2023 | £1.8m | £3.1m |
| 30/06/2022 | £1.6m | £2.3m |
| 30/06/2021 | £1.5m | £2.7m |
Common questions
Is CHARITY OF RICHARD CLOUDESLEY financially healthy?
The accounts state that total income fell by 13% to £1,517,000 due to a shift in investment focus, while charitable expenditure increased by 3.9% to £3,384,000. Consequently, the charity reported a net movement in funds of a loss of £1,047,000, reducing total net assets to £56,991,000. All funds are classified as endowment funds, with unrestricted reserves effectively nil as transfers from total return are used to fund activities. Its FY2025 accounts were audited by Sayer Vincent LLP.
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