THE ULVERSCROFT FOUNDATION
SUPPORTS VISUALLY IMPAIRED PEOPLE WORLDWIDE
Financial health, per its FY2024 accounts
The accounts state that total unrestricted reserves amounted to £16,131,000, which the Trustees consider sufficient to ensure the future sustainability of charitable activities. The group reported a net movement in funds of £308,000 for the year, driven by investment gains that offset a trading loss. The Trustees confirmed that the going concern basis of accounting remains appropriate.
What the accounts disclose
“One employee of the trading group received employee benefits (excluding pension contributions) in excess of £60,000. They earned between £60,000 and £80,000.” — page 29
“One employee of the trading group received employee benefits (excluding pension contributions) in excess of £60,000. They earned between £60,000 and £80,000.” — 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 (2023 - £6,568) in accordance with Section 185 of the Charity Act 2011. No Trustees of the Foundation earn in excess of £60,000. Reimbursed expenses are shown in note 6.” — 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
Year-over-year changes
- Top pay band moved from £100,001 - £110,000 (FY2023) to £60,001 - £80,000 (FY2024).
- Employees paid over £60,000: 2 (FY2023) → 1 (FY2024).
Structured financials (annual return, FY ending 31/10/2025)
Trustees
- ROBERT PAUL GENTchair
- Christopher Andrew Ashton
- Ian Robert Moon
- JAMES STUART DEANE
- Nita Odedra
- 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?
Per its FY2024 accounts: The accounts state that total unrestricted reserves amounted to £16,131,000, which the Trustees consider sufficient to ensure the future sustainability of charitable activities. The group reported a net movement in funds of £308,000 for the year, driven by investment gains that offset a trading loss. The Trustees confirmed that the going concern basis of accounting remains appropriate. Its FY2024 accounts were audited by Somerbys Limited.
What does the highest-paid employee of THE ULVERSCROFT FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £80,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £323k |
| PRISM THE GIFT FUND | 1 | £219k |
| Fight for Sight | 1 | £24k |
| THE BORROWS CHARITABLE TRUST | 1 | £10k |
| THE PRIMARY CLUB | 1 | £9k |
| MARJORIE COOTE OLD PEOPLES CHARITY FUND | 1 | £6k |
| SHEFFIELD TOWN TRUST | 1 | £3k |
| THE J G GRAVES CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE SHEFFIELD ROYAL SOCIETY FOR THE BLIND
- THE CSJ FOUNDATION
- RCCG SURE FOUNDATION ASSEMBLY
- THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR THE BLIND
- THE SUMMERSCALE FOUNDATION
- THE SUPPORT FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ULVERSCROFT FOUNDATION | £8.8m | £60,001 - £80,000 | 1 | unclear | — | no doubt |
| THE SHEFFIELD ROYAL SOCIETY FOR THE BLIND | £2.3m | — | 0 | unclear | — | no doubt |
| THE CSJ FOUNDATION | £2.1m | — | — | unclear | — | no doubt |
| RCCG SURE FOUNDATION ASSEMBLY | £213k | — | 0 | above | — | no doubt |
| THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR THE BLIND | £216k | — | 0 | below | — | noted |
| THE SUMMERSCALE FOUNDATION | £2.6m | — | 0 | unclear | — | no doubt |