DAME ALICE OWEN'S FOUNDATION
Support for Dame Alice Owen's School and educational projects in the London Borough of Islington from the net divisible income of the Charity.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,218,017, which are subject to a High Court Order requiring distribution in the following financial year. The Trustee notes that this policy means the Foundation will not be able to maintain its level of distribution in the event of a significant drop in income, identifying investment variability as the major financial risk. Despite this, the auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustee observes the High Court Order of 15 June 2001 and distributes unrestricted reserves that have not been designated for the preservation and maintenance of the property estate in the following financial year. This policy ensures that beneficiaries receive funds as soon as possible but it means that in the event of a significant drop in income the Foundation will not be able to maintain its level of distribution.” — page 12
“The Foundation has a wholly owned trading subsidiary which is incorporated in the United Kingdom. The Foundation's investment in its subsidiary represents the cost of acquisition of the entire issued share capital of 3,500 ordinary shares of £1 each. Alice Wilkes Limited runs all the trading activities connected to the Foundation.” — page 37
Corporate structure
- Trading subsidiary: ALICE WILKES LIMITED Companies House 07033912
Leadership, per the charity’s website
- Fergus McMullen — Master
Structured financials (annual return, FY ending 31/12/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £4.9m | £5.5m |
| 31/12/2024 | £4.4m | £3.8m |
| 31/12/2023 | £3.9m | £3.3m |
| 31/12/2022 | £3.7m | £3.1m |
| 31/12/2021 | £3.3m | £3.2m |
Common questions
Is DAME ALICE OWEN'S FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,218,017, which are subject to a High Court Order requiring distribution in the following financial year. The Trustee notes that this policy means the Foundation will not be able to maintain its level of distribution in the event of a significant drop in income, identifying investment variability as the major financial risk. Despite this, the auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Myers Clark.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY OF ALDERMAN JAMES HICKSON | 1 | £134k |
Charities like this
- OLD OWEN'S ASSOCIATION AND SPORTS CLUB LIMITED
- THE ALDGATE AND ALLHALLOWS FOUNDATION
- THE CHALLONER'S GIRLS FOUNDATION
- THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION
- DOWNE HOUSE FOUNDATION
- AYLESBURY GRAMMAR SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DAME ALICE OWEN'S FOUNDATION | £4.9m | — | 0 | unclear | — | no doubt |
| OLD OWEN'S ASSOCIATION AND SPORTS CLUB LIMITED | £101k | — | 0 | unclear | — | no doubt |
| THE ALDGATE AND ALLHALLOWS FOUNDATION | £325k | — | 0 | unclear | — | no doubt |
| THE CHALLONER'S GIRLS FOUNDATION | £322k | — | 0 | unclear | 1.5% | no doubt |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | £514k | — | 0 | unclear | — | no doubt |
| DOWNE HOUSE FOUNDATION | £393k | — | 0 | within | — | no doubt |