FOUNDATION OF RICHARD PLATT
Support of education by distribution of net income to:The Aldenham Foundation for Aldenham School (80%)North Collegiate School Foundation of Frances Mary Buss (6%)Camden School Foundation of Frances Mary Buss (6%)Watford Grammar Schools(4%)The Platt Subsidiary Foundation (4%)
Financial health, per its FY2024 accounts
The accounts state that the charity held no unrestricted reserves at the end of the financial year, having distributed all available funds. Total funds increased significantly due to investment gains, resulting in a strong net asset position despite the lack of liquid unrestricted reserves.
What the accounts disclose
“At 31 December 2024, there are no unrestricted reserves (2023 - £nil).” — page 3
“The charity is charged for administration costs by the Brewers’ Company which is the Trustee of the charity. The contribution for the year ended 31 December 2024 was £7,392 (2023: £6,970).” — page 10
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £44k | £44k |
| 31/12/2023 | £41k | £41k |
| 31/12/2022 | £40k | £40k |
| 31/12/2021 | £38k | £38k |
| 31/12/2020 | £32k | £32k |
Common questions
Is FOUNDATION OF RICHARD PLATT financially healthy?
Per its FY2024 accounts: The accounts state that the charity held no unrestricted reserves at the end of the financial year, having distributed all available funds. Total funds increased significantly due to investment gains, resulting in a strong net asset position despite the lack of liquid unrestricted reserves. Its FY2024 accounts were independently examined.