ALFRED FOSTER SETTLEMENT
Support from the charity will only be given to current or former banking employees and their dependants.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £118 and capital assets valued at £946,344 at the year end. The trustees' policy is to distribute all income arising after allowing for operating expenses, resulting in a net decrease in cash funds of £1,741 for the year. The charity is funded by investment income and has no stated reserves policy target beyond retaining capital to generate income.
What the accounts disclose
“It is the trustee’s policy to distribute all income arising in the trust after allowing for any operating expenses. Because of timing differences between receipt of income and the authorisation of grant payments a balance of undistributed income may be held in reserve at the year end and this will be carried forward and distributed in 2025/26.” — page 4
Trustees
- Zedra Trust Company (UK) Limited
- Zedra Trust Company (UK) Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/01/2025 | £30k | £32k |
| 01/01/2024 | £28k | £26k |
| 01/01/2023 | £27k | £31k |
| 01/01/2022 | £24k | £36k |
| 01/01/2021 | £26k | £46k |
Common questions
Is ALFRED FOSTER SETTLEMENT financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £118 and capital assets valued at £946,344 at the year end. The trustees' policy is to distribute all income arising after allowing for operating expenses, resulting in a net decrease in cash funds of £1,741 for the year. The charity is funded by investment income and has no stated reserves policy target beyond retaining capital to generate income. Its FY2025 accounts were independently examined.