THE ROBERT MCALPINE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves stood at £24,546,858, which the trustees confirm is in line with their policy of holding at least two years' worth of grants in cash reserve. The charity reported a net loss on incoming resources of £332,883 for the year, primarily driven by investment losses of £638,197, despite generating £1,123,599 in income. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees’ policy is to aim to hold in cash reserve of at least two years’ worth of grants and the remaining reserves are to be held as investments in order to generate income.” — page 4
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CULLUM MCALPINEchair
- GAVIN McALPINE
- THE HON DAVID MALCOLM MCALPINE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £818k |
| 31/03/2024 | £971k | £755k |
| 31/03/2023 | £1.0m | £715k |
| 31/03/2022 | £834k | £704k |
| 31/03/2021 | £712k | £755k |
Common questions
Is THE ROBERT MCALPINE FOUNDATION financially healthy?
The accounts state that total unrestricted reserves stood at £24,546,858, which the trustees confirm is in line with their policy of holding at least two years' worth of grants in cash reserve. The charity reported a net loss on incoming resources of £332,883 for the year, primarily driven by investment losses of £638,197, despite generating £1,123,599 in income. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Hillier Hopkins LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £4k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £0 |