THE WILLIAM LEECH FOUNDATION LIMITED - THE FOUNDATION TRUST
Financial health, per its FY2025 accounts
The accounts state that the endowment fund decreased in value from £51,201,815 to £47,780,980 due to investment losses, while unrestricted reserves remained minimal at £4,168. Per the trustees' report, the Trust does not actively fundraise and its work is entirely dependent on investment returns from the endowment fund to support its beneficiaries.
What the accounts disclose
“The policy is not to hold significant sums in the unrestricted fund, so maximising the amount in the endowment fund that can be invested.” — page 8
“Certain administration services are provided free of charge by the staff of William Leech (Investments) Limited. These services have not been quantified for inclusion in these financial statements as the amounts are considered immaterial.” — page 24
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £259k | £1.7m |
| 31/03/2024 | £124k | £1.7m |
| 31/03/2023 | £0 | £1.5m |
| 31/03/2022 | £0 | £1.4m |
| 31/03/2021 | £0 | £1.4m |
Common questions
Is THE WILLIAM LEECH FOUNDATION LIMITED - THE FOUNDATION TRUST financially healthy?
The accounts state that the endowment fund decreased in value from £51,201,815 to £47,780,980 due to investment losses, while unrestricted reserves remained minimal at £4,168. Per the trustees' report, the Trust does not actively fundraise and its work is entirely dependent on investment returns from the endowment fund to support its beneficiaries. Its FY2025 accounts were audited by Azets Audit Services.