THE PRIORY FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £3,796,778, which the Trustees consider sufficient to cover predicted expenditure of approximately £598,015 for the following year. The charity reported a net outgoing resource of £23,990 for the year, driven by investment gains that offset charitable expenditure. The Trustees confirmed the charity is a going concern with adequate cash reserves and recurring donations.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level that will enable them to meet their committed grants, respond to smaller ad hoc applications for grants, and to cover support and governance costs.” — page 4
“During the year, Gordon Banks, a Trustee was paid £2,000 for Charity Consultancy and Support Services provided.” — page 12
“During the year, Gordon Banks, a Trustee was paid £2,000 for Charity Consultancy and Support Services provided. This is permitted by the governing document of the Charity.” — page 12
Trustees
- DAVID JOHN POUTNEY
- Gordon Banks
- Lucy Mercey
- Nigel Wray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £160k | £246k |
| 31/12/2024 | £217k | £252k |
| 31/12/2023 | £231k | £233k |
| 31/12/2022 | £147k | £388k |
| 31/12/2021 | £170k | £296k |
Common questions
Is THE PRIORY FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £3,796,778, which the Trustees consider sufficient to cover predicted expenditure of approximately £598,015 for the following year. The charity reported a net outgoing resource of £23,990 for the year, driven by investment gains that offset charitable expenditure. The Trustees confirmed the charity is a going concern with adequate cash reserves and recurring donations. Its FY2025 accounts were independently examined.
Who funds THE PRIORY FOUNDATION?
Funders whose own accounts filings name THE PRIORY FOUNDATION as a grant recipient include JEREMY ALEXANDER SETTLEMENT.
Known funders
| Funder | Year | Amount |
|---|---|---|
| JEREMY ALEXANDER SETTLEMENT | FY2024 | £83k |
| JEREMY ALEXANDER SETTLEMENT | FY2023 | £36k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |