THE SIR ANDREW JUDD FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,284,902 as of 30 June 2024, an increase from the previous year. The trustees report that they do not currently believe it necessary to hold separate additional reserves on unrestricted funds due to reliable income from endowment, though they intend to use existing reserves to smooth grant payments. The charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“In view of the level each year of reliable and unrestricted income from the endowment, the Trustee does not currently believe it necessary or appropriate to hold separate and additional reserves on unrestricted funds.” — page 6
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- THE WORSHIPFUL COMPANY OF SKINNERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.3m | £2.5m |
| 30/06/2024 | £2.3m | £2.8m |
| 30/06/2023 | £2.3m | £2.4m |
| 30/06/2022 | £2.2m | £2.0m |
| 30/06/2021 | £1.9m | £2.6m |
Common questions
Is THE SIR ANDREW JUDD FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £1,284,902 as of 30 June 2024, an increase from the previous year. The trustees report that they do not currently believe it necessary to hold separate additional reserves on unrestricted funds due to reliable income from endowment, though they intend to use existing reserves to smooth grant payments. The charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by Saffery LLP.