THE SPOORE, MERRY AND RIXMAN FOUNDATION
The Charity awards grants to persons who are under the age of 25 years, resident within the area SL6 1-9, who in the opinion of the Trustees are in need of financial assistance for their education, including school uniform, tools, books and provision of facilities not normally provided by the Local Education Authority.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £296,777 for the year ended 31 December 2024, resulting in total net assets of £10,720,024. The trustees confirmed that all funds held are classified as permanent endowment funds, with no unrestricted or restricted funds disclosed. The auditors concluded that there are no material uncertainties relating to the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- IAN HANBURY WILLIAM THOMAS FCAchair
- ANN REDGRAVE
- Cllr Simon Werner
- Dep Chair BARBARA WIELECHOWSKI
- GURCH SINGH
- Mayor Sian Elizabeth Martin
- PHILIP KEITH LOVE
- Simon Lehenner Bond
- TONY HILL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £345k | £493k |
| 31/12/2023 | £327k | £468k |
| 31/12/2022 | £249k | £880k |
| 31/12/2021 | £327k | £1.0m |
| 31/12/2020 | £327k | £819k |
Common questions
Is THE SPOORE, MERRY AND RIXMAN FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of £296,777 for the year ended 31 December 2024, resulting in total net assets of £10,720,024. The trustees confirmed that all funds held are classified as permanent endowment funds, with no unrestricted or restricted funds disclosed. The auditors concluded that there are no material uncertainties relating to the charity's ability to continue as a going concern. Its FY2024 accounts were audited by FLB Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHIPPING SODBURY TOWN LANDS CHARITY | 1 | £96k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £75k |
Charities like this
- THE SPARROW SCHOOLS FOUNDATION
- THE SIR JOHN SEDLEY EDUCATIONAL FOUNDATION
- THE RUTLISH FOUNDATION
- THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION
- ST PAUL'S SCHOOLS FOUNDATION
- THE CHIPPING SODBURY ENDOWED SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SPOORE, MERRY AND RIXMAN FOUNDATION | £345k | — | 0 | unclear | — | no doubt |
| THE SPARROW SCHOOLS FOUNDATION | £121k | — | 0 | unclear | 30.8% | no doubt |
| THE SIR JOHN SEDLEY EDUCATIONAL FOUNDATION | £221k | — | 0 | above | — | no doubt |
| THE RUTLISH FOUNDATION | £151k | — | 0 | unclear | — | no doubt |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | £514k | — | 0 | unclear | — | no doubt |
| ST PAUL'S SCHOOLS FOUNDATION | £1.1m | — | 0 | unclear | — | no doubt |