THE ULVERSCROFT FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that total reserves amounted to £19,958,000, with free unrestricted reserves of £15,812,000. The Trustees consider the results and position satisfactory, noting that while trading conditions for the subsidiary are challenging, the investment in the trading group is considered sound.
What the accounts disclose
“One employee earned between £70,000 and £80,000, and one employee earned between £100,000 and £110,000.” — page 29
“Two employees of the trading group received employee benefits (excluding pension contributions) in excess of £60,000.” — page 29
“The Trustees’ policy is to maintain sufficient uncommitted funds in reserves to ensure the future sustainability of its charitable activities, including the award of major grants and capital investments.”
“During the year, one Trustee also acted as Treasurer and received remuneration for their services amounting to £6,568 (2022 - £nil) in accordance with Section 185 of the Charity Act 2011.” — page 29
“Transactions between individual group companies have not been disclosed as the group has taken advantage of the exemption conferred by FRS102 on the basis that the group is a wholly owned subsidiary of the Foundation.” — page 37
Structured financials (annual return, FY ending 31/10/2025)
Trustees
- ROBERT PAUL GENTchair
- Christopher Andrew Ashton
- Ian Robert Moon
- JAMES STUART DEANE
- ROGER JOHN CROOKS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £8.8m | £9.5m |
| 31/10/2024 | £8.4m | £9.3m |
| 31/10/2023 | £8.4m | £9.1m |
| 31/10/2022 | £8.7m | £8.5m |
| 31/10/2021 | £8.6m | £8.5m |
Common questions
Is THE ULVERSCROFT FOUNDATION financially healthy?
The accounts state that total reserves amounted to £19,958,000, with free unrestricted reserves of £15,812,000. The Trustees consider the results and position satisfactory, noting that while trading conditions for the subsidiary are challenging, the investment in the trading group is considered sound. Its FY2023 accounts were audited by Somerbys Limited.
What does the highest-paid employee of THE ULVERSCROFT FOUNDATION earn?
Per its FY2023 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £323k |
| THE BORROWS CHARITABLE TRUST | 1 | £10k |
| THE ANTON JURGENS CHARITABLE TRUST | 1 | £3k |