THE LESLIE SMITH FOUNDATION
The Leslie Smith Foundation is a grant making body with general charitable purposes. Without surrendering their discretion, the Trustees have decided to focus mainly on charities supporting: children in the UK with life changing medical conditions, hospices, education and special needs schools in the UK and recipients of previous grants.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £3,054,441, a decrease from the prior year's £3,205,075, driven by a net outgoing resource of £150,825 which included a £91,706 loss on investments. The trustees report no material uncertainties regarding going concern and note that the foundation does not actively fundraise, relying instead on the stewardship of existing resources and investment income to meet its grant-making objectives.
What the accounts disclose
“Income from listed investments 70,353”
“Although the Trustees are able to apply the investments as if they were income, they aim to distribute at least the income each year and retain an appropriate level of the investments to fund future grants.”
“Mrs D Fisher, a Trustee, is a Principal Member of Fisherlegal LLP, a firm of solicitors which raises invoices to the Foundation for legal and administrative services rendered. Payment of these invoices is authorised by the other Trustees. No trustees' expenses have been reimbursed during the year.” — page 6
“Professional fees amounting to £19,721 (2024 £19,423) were payable to Fisherlegal LLP and other creditors include £13,864 (2024 - £1,417) due to Fisherlegal LLP.” — page 18
“Mrs D Fisher, a Trustee, is a Principal Member of Fisherlegal LLP, a firm of solicitors which raises invoices to the Foundation for legal and administrative services rendered. Payment of these invoices is authorised by the other Trustees. No trustees' expenses have been reimbursed during the year.” — page 6
“Professional fees amounting to £19,721 (2024 £19,423) were payable to Fisherlegal LLP and other creditors include £13,864 (2024 - £1,417) due to Fisherlegal LLP.” — page 18
Trustees
- Alice Elizabeth Rutherford Hayles
- Curtis Andrew Rutherford Hayles
- DEBORAH FISHER
- Emma Olive Rutherford Hayles
- Matthew Leslie Rutherford Hayles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £104k | £164k |
| 05/04/2024 | £113k | £239k |
| 05/04/2023 | £95k | £449k |
| 05/04/2022 | £90k | £247k |
| 05/04/2021 | £73k | £139k |
Common questions
Is THE LESLIE SMITH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £3,054,441, a decrease from the prior year's £3,205,075, driven by a net outgoing resource of £150,825 which included a £91,706 loss on investments. The trustees report no material uncertainties regarding going concern and note that the foundation does not actively fundraise, relying instead on the stewardship of existing resources and investment income to meet its grant-making objectives. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CORAM LIFE EDUCATION | 1 | £20k |
| BONAMY CHARITABLE TRUST | 1 | £7k |
Charities like this
- THE SMITH FOUNDATION
- CHRISTINA SMITH FOUNDATION
- THE MARTIN SMITH FOUNDATION
- PAUL SMITH'S FOUNDATION
- THE KATHLEEN SMITH FOUNDATION
- MOORE KINGSTON SMITH COMMUNITY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LESLIE SMITH FOUNDATION | £104k | — | 0 | unclear | — | no doubt |
| THE SMITH FOUNDATION | £13.4m | £100,001 - £110,000 | 9 | above | — | no doubt |
| CHRISTINA SMITH FOUNDATION | £250k | — | 0 | unclear | — | no doubt |
| THE MARTIN SMITH FOUNDATION | £1.3m | — | 0 | above | — | no doubt |
| PAUL SMITH'S FOUNDATION | £423k | — | 0 | above | — | no doubt |
| THE KATHLEEN SMITH FOUNDATION | £103k | — | 0 | unclear | — | no doubt |