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THE REED FOUNDATION

Registered charity 264728 · accounts filings on the Charity Commission register · also known as A E REED CHARITABLE TRUST, REED CHARITY · listed website unreachable when last crawled

Latest income
£2.3m
Latest spending
£7.0m
Registered
1972
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted reserves of £20,200,228 at the end of the year, despite a net deficit of £3,161,713 due to reduced investment income. The trustees confirm the charity has sufficient funds to continue its activities and make significant grants in the following year, supported by the sale of properties after the year end.

What the accounts disclose

Reserves policy: sufficient net current assets to enable it to maintain its support of the Christmas Challenge and other emergency appeals in the next year without either having to sell its investments or rely on donations and dividends (held: £20.2m)
“the Charity’s policy is to have sufficient net current assets to enable it to maintain its support of the Christmas Challenge and other emergency appeals in the next year without either having to sell its investments or rely on donations and dividends.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Foundation received a £1,812,805 dividend (2023: £3,625,610) from Reed Global in the year.
“The Foundation received a £1,812,805 dividend (2023: £3,625,610) from Reed Global in the year.” — page 19
“Cash donations include £5,133,155 (2023: £3,856,630) to The Big Give Trust, which has common Trustees.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Cash donations include £5,133,155 (2023: £3,856,630) to The Big Give Trust, which has common Trustees.
“The Foundation received a £1,812,805 dividend (2023: £3,625,610) from Reed Global in the year.” — page 19
“Cash donations include £5,133,155 (2023: £3,856,630) to The Big Give Trust, which has common Trustees.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Reed Business School, a company with common Trustees, rented investment properties from the Foundation at a charge of £136,308 (2023: £134,308).
“The Foundation received a £1,812,805 dividend (2023: £3,625,610) from Reed Global in the year.” — page 19
“Cash donations include £5,133,155 (2023: £3,856,630) to The Big Give Trust, which has common Trustees.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received include £2,500 (2023: £2,500) in waived accountancy fees from Reed Specialist Recruitment Limited.
“The Foundation received a £1,812,805 dividend (2023: £3,625,610) from Reed Global in the year.” — page 19
“Cash donations include £5,133,155 (2023: £3,856,630) to The Big Give Trust, which has common Trustees.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: In April 2025, after the year end, the Foundation sold properties with a net book value of £5,430,000 to a subsidiary of Reed Global, a connected party.
“The Foundation received a £1,812,805 dividend (2023: £3,625,610) from Reed Global in the year.” — page 19
“Cash donations include £5,133,155 (2023: £3,856,630) to The Big Give Trust, which has common Trustees.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Hazelwoods LLP.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.3m
Total spending
£7.0m
Reserves (reported)
£20.2m
Employees
0

Reported reserves equal ~34.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£2.3m£7.0m
31/12/2023£6.6m£4.0m
31/12/2022£5.1m£2.4m
31/12/2021£1.9m£1.5m
31/12/2020£928k£1.3m

Common questions

Is THE REED FOUNDATION financially healthy?

The accounts state that the charity held unrestricted reserves of £20,200,228 at the end of the year, despite a net deficit of £3,161,713 due to reduced investment income. The trustees confirm the charity has sufficient funds to continue its activities and make significant grants in the following year, supported by the sale of properties after the year end. Its FY2024 accounts were audited by Hazelwoods LLP.

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