THE MATERIAL WORLD FOUNDATION LIMITED
The charity's aim is to encourage the exploration of alternative and diverse forms of artistic expression and to support diverse established charities and people with special needs. It continues to seek opportunities to achieve its stated objective.
Objects
TO PROMOTE IN SUCH MANNER AS THE FOUNDATION THINKS FIT SUCH PURPOSES BEING EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AS THE FOUNDATION MAY FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The charity's total funds decreased to £652,546 from £963,603 in the prior year, driven by a net movement in funds of (£311,057). The trustees state they are confident that the income stream from music royalties and donations will continue, allowing the charity to fulfil its objectives and maintain sufficient reserves in the coming years. No material uncertainties regarding going concern were identified.
What the accounts disclose
“The trustees have reviewed the reserves of the company and have agreed that the current policy of the reserves being for unrestricted purposes should be continued in order that any charitable cause, at the discretion of the trustees, can benefit from the funds available.” — page 5
“O. Harrison, a trustee of the charity, is also a director of Harrisongs Limited. The company received income from Harrisongs Limited during the year of £3,417 (2024: £9,858).” — page 13
“The investment represents 100% ownership of the ordinary share capital of Oops Publishing Limited, a music publishing undertaking incorporated in England and Wales.” — page 12
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2023
- Has a trading subsidiary
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 31/12/2022 (received 29/04/2024, 181 days after the 31/10/2023 due date); year ending 31/12/2021 (received 18/01/2023, 79 days after the 31/10/2022 due date).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- DHANI HARRISON
- KENNETH ROBERTS
- LESLIE JOSEF BOSS
- OLIVIA HARRISON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £271k | £582k |
| 31/12/2024 | £800k | £573k |
| 31/12/2023 | £347k | £386k |
| 31/12/2022 | £319k | £472k |
| 31/12/2021 | £182k | £374k |
Common questions
Is THE MATERIAL WORLD FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The charity's total funds decreased to £652,546 from £963,603 in the prior year, driven by a net movement in funds of (£311,057). The trustees state they are confident that the income stream from music royalties and donations will continue, allowing the charity to fulfil its objectives and maintain sufficient reserves in the coming years. No material uncertainties regarding going concern were identified. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PACKARD FOUNDATION | 1 | £720k |
| Q CHARITABLE TRUST | 1 | £250k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £50k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £25k |
| CHAPMAN CHARITABLE TRUST | 1 | £2k |
Charities like this
- RAW MATERIAL MUSIC AND MEDIA EDUCATION LIMITED
- THE MARTIN SMITH FOUNDATION
- THE PALLANT CHARITABLE TRUST
- THE MERCURY CHARITABLE TRUST
- A MILLION REALITIES FOUNDATION
- THE CHARITY FUND OF THE WORSHIPFUL COMPANY OF TIN PLATE WORKERS ALIAS WIRE WORKERS OF THE CITY OF LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MATERIAL WORLD FOUNDATION LIMITED | £271k | — | — | unclear | — | no doubt |
| RAW MATERIAL MUSIC AND MEDIA EDUCATION LIMITED | £1.0m | — | 0 | unclear | — | no doubt |
| THE MARTIN SMITH FOUNDATION | £113k | — | 0 | above | — | no doubt |
| THE PALLANT CHARITABLE TRUST | £31k | — | 0 | above | — | no doubt |
| THE MERCURY CHARITABLE TRUST | £140k | — | 0 | unclear | — | noted |
| A MILLION REALITIES FOUNDATION | £1.0m | — | 0 | unclear | — | no doubt |