THE REGINALD M PHILLIPS CHARITABLE FOUNDATION
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2025 accounts
The accounts state that the charity holds total funds of £16,909,474, comprising an expendable endowment of £17,477,204 and unrestricted reserves in deficit of £567,730. The trustees report that the available expendable endowment and projected income are sufficient to meet liabilities as they fall due and to continue as a going concern.
What the accounts disclose
“Total income for the year amounted to £436,211 (2024: £438,336) and comprised income arising on the charity’s investments and assets of £435,576 (2024: £406,206) and transfers from endowment of £635 (2024: £32,130).” — page 4
“Given the availability of the expendable endowment fund the trustee does not consider it necessary to maintain significant free reserves and recognises deficits on reserves may arise from time to time due to the timing of transfers from the endowment fund.” — page 4
“Fees payable to Ludlow Trust Company Limited, which is a trustee of the charity, for administrative fees are authorised under section 22 of the trust deed and shown within note 2 to these financial statements. At the balance sheet date £7,874 (2024: £7,765) was accrued in respect of these fees.” — page 14
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £436k | £295k |
| 31/03/2024 | £438k | £646k |
| 31/03/2023 | £255k | £49k |
| 31/03/2022 | £164k | £172k |
| 31/03/2021 | £212k | £524k |
Common questions
Is THE REGINALD M PHILLIPS CHARITABLE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total funds of £16,909,474, comprising an expendable endowment of £17,477,204 and unrestricted reserves in deficit of £567,730. The trustees report that the available expendable endowment and projected income are sufficient to meet liabilities as they fall due and to continue as a going concern. Its FY2025 accounts were audited by Blue Spire Limited.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE REGINALD M PHILLIPS CHARITABLE FOUNDATION | £436k | — | 0 | below | — | no doubt |
| MILLIE'S WATCH | £112k | — | 0 | unclear | — | no doubt |
| PAULINE MEREDITH CHARITABLE TRUST | £185k | — | 0 | unclear | — | no doubt |
| The Patricia Routledge Foundation | £614k | — | 0 | below | — | no doubt |
| THE DISCWORLD FOUNDATION | £173k | — | 0 | unclear | — | no doubt |
| Q CHARITABLE TRUST | £760k | — | 0 | below | — | no doubt |