Charity Accounts Intelreading the accounts so you don’t have to

Charities with reserves below their own policy

Extracted from each charity’s accounts as filed with the Charity Commission; the supporting passage and filing year are shown on each charity’s page. Disclosure is not wrongdoing — many entries reflect routine, properly-reported arrangements.

CharityDetailYearIncome
THE BRITISH COUNCILthree months of business expenditureFY2024£1010.4m
THE GIRLS' DAY SCHOOL TRUSTsix weeks' expenditureFY2023£373.4m
UBS UK Donor-Advised Foundationreserves below the stated policyFY2024£181.2m
THE CITY AND GUILDS OF LONDON INSTITUTEreserves below the stated policyFY2025£174.8m
UK ONLINE GIVING FOUNDATIONsufficient funds to cover budgeted costs for the current financial year and to maintain an appropriate budget for future years to cover longer term commitmentsFY2025£166.3m
GARFIELD WESTON FOUNDATIONapproximately 50% of the Foundation’s annual incomeFY2025£165.4m
GARFIELD WESTON FOUNDATION50% of annual incomeFY2024£165.4m
THE LEVERHULME TRUSTmaintain the real value of the level of reserves over the long termFY2023£124.5m
TRINITY COLLEGE CAMBRIDGEsix to eighteen months worth of the annual cost of its General Funds charitable activitiesFY2025£105.5m
THERA TRUSTsufficient to meet the needs of both the whole Group, and of individual companies and charities within itFY2024£101.3m
THERA TRUST3 months of budgeted Group turnoverFY2022£101.3m
THERA TRUST3 months of budgeted Group turnoverFY2023£101.3m
THERA TRUSTInsufficient to secure long-term resilience; focus on £3.0m-£4.0m cash headroomFY2025£101.3m
THE ROYAL NATIONAL INSTITUTE OF BLIND PEOPLE£23.5m to £35.2mFY2022£95.9m
THE WOODLAND TRUSTsix months of budgeted expenditureFY2025£89.4m
WWF - UK10 to 13 weeks of budgeted unrestricted funds expenditureFY2022£89.3m
THE MARTIN JAMES FOUNDATIONreserves below the stated policyFY2025£87.8m
Magenta Livingreserves below the stated policyFY2023£82.7m
THE UNITED WESTMINSTER AND GREY COAT FOUNDATIONreserves below the stated policyFY2022£80.4m
THE MILL HILL SCHOOL FOUNDATIONsufficient to meet the Foundation’s normal working capital requirements, as well as current and future capital expenditure obligationsFY2025£79.0m
SHELTER, NATIONAL CAMPAIGN FOR HOMELESS PEOPLE LIMITED£8.3mFY2024£77.0m
SHELTER, NATIONAL CAMPAIGN FOR HOMELESS PEOPLE LIMITEDreserves below the stated policyFY2025£77.0m
WESTMINSTER ROMAN CATHOLIC DIOCESAN TRUST AND OTHER TRUST FUNDS ADMINISTERED BY THE WESTMINSTER ROMAN CATHOLIC DIOCESAN TRUSTEE£15.0 million to £18.0 millionFY2022£75.1m
WESTMINSTER ROMAN CATHOLIC DIOCESAN TRUST AND OTHER TRUST FUNDS ADMINISTERED BY THE WESTMINSTER ROMAN CATHOLIC DIOCESAN TRUSTEE£32.0 millionFY2025£75.1m
WESTMINSTER ROMAN CATHOLIC DIOCESAN TRUST AND OTHER TRUST FUNDS ADMINISTERED BY THE WESTMINSTER ROMAN CATHOLIC DIOCESAN TRUSTEE£30.0 millionFY2024£75.1m
THE ROYAL SOCIETY OF CHEMISTRY£24.1m - £26.7mFY2024£73.4m
HABERDASHERS' ASKE'S CHARITYno unrestricted general fund reserveFY2022£68.0m
HABERDASHERS' ASKE'S CHARITYno unrestricted general fund reserveFY2023£68.0m
MATW PROJECTreserves below the stated policyFY2025£67.6m
DOGS TRUST LEGACYthree months of unrestricted expenditureFY2024£67.3m
Barking and Dagenham Giving£350,000FY2025£63.1m
Barking and Dagenham Givingsix months of running costsFY2024£63.1m
CATHOLIC AGENCY FOR OVERSEAS DEVELOPMENT£6.5 million to £7.5 millionFY2025£56.2m
CATHOLIC AGENCY FOR OVERSEAS DEVELOPMENT20 per cent of the planned annual general income for the coming years, which is currently a range of £6.5 million to £7.5 millionFY2024£56.2m
SOCIETY OF JESUS TRUST OF 1929 FOR ROMAN CATHOLIC PURPOSESreserves below the stated policyFY2021£48.9m
AHMADIYYA MUSLIM JAMAAT INTERNATIONAL10% of the projected budgeted expenditure for the upcoming yearFY2024£45.1m
FAUNA & FLORA INTERNATIONAL6-18 months of budgeted, recurring, unrestricted expenditure, with the target unrestricted reserve level of 10 monthsFY2023£44.6m
FAUNA & FLORA INTERNATIONAL6–18 months of budgeted, recurring, unrestricted expenditure, with the target unrestricted reserve level of 10 monthsFY2024£44.6m
ROYAL VOLUNTARY SERVICE6 months of expenditureFY2024£41.5m
ARCHDIOCESE OF LIVERPOOLreserves below the stated policyFY2024£38.7m
HOSPICE UKat least £4.3MFY2024£34.1m
THE FARADAY INSTITUTIONreserves below the stated policyFY2025£33.3m
BIRDLIFE INTERNATIONAL£2 million to £6 millionFY2022£33.0m
INTERNATIONAL INSTITUTE FOR ENVIRONMENT AND DEVELOPMENT£1.9 million and £2.5 millionFY2024£32.5m
ARMED FORCES COVENANT FUNDsufficient funds to maintain liquidity and to increase our robustness in the event of a sudden contraction of grant fundingFY2024£30.9m
STAMFORD ENDOWED SCHOOLSreserves below the stated policyFY2025£30.1m
STAMFORD ENDOWED SCHOOLSan annual investment surplus in excess of 8% of net incomeFY2022£30.1m
STAMFORD ENDOWED SCHOOLSreserves below the stated policyFY2024£30.1m
THE SIGRID RAUSING TRUSTno specific target; trustees do not consider it necessary to carry further reservesFY2024£29.0m
THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCEthree months' budgeted unrestricted expenditureFY2021£28.5m
THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCEthree months' budgeted unrestricted expenditureFY2023£28.5m
COBALT HEALTHthree to five months' working capitalFY2022£28.2m
GROUNDWORK LONDONsix months’ (180 days) running costsFY2022£27.9m
THE ROTHSCHILD FOUNDATIONNot necessary to hold general unrestricted reservesFY2022£27.2m
THE ROTHSCHILD FOUNDATIONNot necessary to hold general unrestricted reservesFY2024£27.2m
THE BORROW FOUNDATIONbetween £nil and £300,000FY2022£27.0m
PRE-SCHOOL LEARNING ALLIANCE25% of budgeted staff costs plus a provision against financial risks and pension liabilitiesFY2023£26.9m
PRE-SCHOOL LEARNING ALLIANCE25% of budgeted staff costs plus a provision against financial risks and pension liabilitiesFY2024£26.9m
PRE-SCHOOL LEARNING ALLIANCE25% of budgeted staff costs plus a provision against financial risks and pension liabilitiesFY2025£26.9m
INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITEDone year of operational expenditureFY2024£26.7m
THE BROOKE HOSPITAL FOR ANIMALSfive months of unrestricted expenditureFY2022£24.8m
UNIVERSITY COLLEGE LONDON HOSPITALS CHARITYbetween £5m and £10mFY2022£24.7m
UNITED REFORMED CHURCH TRUSTbetween £18.7m and £19.5mFY2022£24.4m
UNITED REFORMED CHURCH TRUSTbetween £16.45m and £16.7mFY2023£24.4m
THE MARINE SOCIETY AND SEA CADETS£2.4 millionFY2025£23.6m
ONE NATIONutilise the funds as it receives within a year of receiving them to projects that is most needed around the worldFY2022£23.1m
ONE NATIONutilise the funds as it receives within a year of receiving them to projects that is most needed around the worldFY2025£23.1m
THE CHELMSFORD DIOCESAN BOARD OF FINANCEthree months gross general fund expenditureFY2025£23.0m
THE GREATER MANCHESTER TRUST FOR RECREATION50 per cent of the annual expenditure budgeted in 2024/25FY2024£22.9m
INTERNEWS EUROPEthree months of overhead operating expenditureFY2021£22.1m
THE BRITISH COMPUTER SOCIETYapproximately four months’ operational and administration costsFY2024£21.9m
THE BRITISH COMPUTER SOCIETYfour months' operational and administration costsFY2025£21.9m
LHASA LIMITEDthree to six months of direct and support costsFY2023£20.6m
CHRIST'S HOSPITAL FOUNDATIONreserves below the stated policyFY2023£20.0m
ENABLE LEISURE AND CULTURE£500k as a minimumFY2025£19.8m
READING BLUE COAT SCHOOLreserves below the stated policyFY2025£19.4m
READING BLUE COAT SCHOOLreserves below the stated policyFY2022£19.4m
AMUD HATZDOKOH TRUSTsix months worth of the charity's projected overheadsFY2024£18.6m
HUO FAMILY FOUNDATION (UK) LIMITEDapproximately US$13,500,000FY2024£18.5m
CHILDREN WITH CANCER UK6 months of unrestricted expenditureFY2021£17.8m
CHILDREN WITH CANCER UKsix months of unrestricted expenditureFY2022£17.8m
CLARION FUTURESAssociation will provide for any expected shortfall below £20 millionFY2023£17.2m
THE BATH AND WELLS DIOCESAN BOARD OF FINANCEthree and six months’ unrestricted expenditureFY2022£17.0m
THE BATH AND WELLS DIOCESAN BOARD OF FINANCEthree to six months’ unrestricted expenditureFY2024£17.0m
FARM AFRICA LIMITEDreserves below the stated policyFY2023£16.9m
FARM AFRICA LIMITEDreserves below the stated policyFY2024£16.9m
FARM AFRICA LIMITED£1.3 millionFY2021£16.9m
GLOBAL INNOVATION FUND$5mFY2024£16.6m
GLOBAL INNOVATION FUND$5mFY2022£16.6m
GLOBAL INNOVATION FUND$5mFY2023£16.6m
THE HENRY SMITH CHARITYreserves below the stated policyFY2023£16.4m
THE HENRY SMITH CHARITYreserves below the stated policyFY2024£16.4m
THE SIR SIGMUND STERNBERG CHARITABLE FOUNDATIONa level considered adequate to provide sufficient funds to enable it to meet its charitable commitments as they fall dueFY2024£16.3m
SOLACE WOMEN'S AIDreserves below the stated policyFY2025£15.8m
TUSK TRUST LIMITEDminimum of 6 months, estimated at £1mFY2025£15.6m
THE DUKE OF EDINBURGH'S INTERNATIONAL AWARD FOUNDATIONa risk range of £2.2 – £3.5 millionFY2024£15.1m
THE DUKE OF EDINBURGH'S INTERNATIONAL AWARD FOUNDATIONreserves below the stated policyFY2023£15.1m
CLIFTON DIOCESE24 months recurring unrestricted expenditureFY2021£15.0m
THE R C SNELLING CHARITABLE TRUSTsufficient funds to cover grants and donations, and management and administration costs on an annual basisFY2023£14.8m
BRISTOL MUSIC TRUST£850,000FY2023£14.4m
BRISTOL MUSIC TRUST£850,000FY2025£14.4m
THE NUFFIELD FOUNDATIONreserves below the stated policyFY2024£14.3m
THE NATIONAL LITERACY TRUSTthree months of unrestricted expenditureFY2024£14.3m
THE NATIONAL LITERACY TRUSTreserves below the stated policyFY2025£14.3m
THE SALISBURY DIOCESAN BOARD OF FINANCEthree months of expenditureFY2024£13.9m
THE ACCESS TO JUSTICE FOUNDATION6 months of unrestricted operating costsFY2023£13.3m
THE ROYAL COLLEGE OF EMERGENCY MEDICINEsix months’ overhead costsFY2024£13.0m
THE ROCHESTER DIOCESAN SOCIETY AND BOARD OF FINANCEin excess of £5mFY2024£12.7m
Ripple Effect International£0.7mFY2025£12.6m
Ripple Effect International£0.6mFY2024£12.6m
CHOOSE LOVEreserves below the stated policyFY2025£12.6m
MARWELL WILDLIFEreserves below the stated policyFY2024£12.4m
THE FIDELITY UK FOUNDATIONone year's forecast expenditureFY2025£12.4m
THE FIDELITY UK FOUNDATIONone year's forecast expenditureFY2024£12.4m
THE FIDELITY UK FOUNDATIONone year's forecast expenditureFY2022£12.4m
BRITAIN YEARLY MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS)reserves below the stated policyFY2024£12.3m
THE CHARTERED INSTITUTE OF TAXATION£10,906,000FY2024£12.1m
JOHN LYON'S CHARITYreserves below the stated policyFY2024£11.5m
JOHN LYON'S CHARITYreserves below the stated policyFY2022£11.5m
UK COMMUNITY FOUNDATIONSthree months of unrestricted operating expenditure (target £250k)FY2025£11.3m
TREE AIDreserves below the stated policyFY2025£11.3m
THE ELY DIOCESAN BOARD OF FINANCEreserves below the stated policyFY2023£11.1m
THE MOHN WESTLAKE FOUNDATIONno significant free reservesFY2025£11.1m
THE MOHN WESTLAKE FOUNDATIONreserves below the stated policyFY2023£11.1m
THE MOHN WESTLAKE FOUNDATIONreserves below the stated policyFY2022£11.1m
THE COVENTRY DIOCESAN BOARD OF FINANCE LTDtwo and a half to three and a half months' worth of operating costsFY2024£11.0m
THE COVENTRY DIOCESAN BOARD OF FINANCE LTDtwo and a half to three and a half months' worth of operating costsFY2023£11.0m
ISLAMIC HELPthree months of core spent an an amount to cover unforseen eventualitiesFY2025£11.0m
FATHER HUDSON'S CARITAS3 to 6 months of unrestricted expenditureFY2022£10.8m
FATHER HUDSON'S CARITAS3 to 6 months of unrestricted expenditureFY2024£10.8m
SEVERN WYE ENERGY AGENCYreserves below the stated policyFY2023£10.5m
SEVERN WYE ENERGY AGENCY3-6 months running costs, plus meet all the liabilities of the organisation and to provide sufficient cash to fund the organisation’s activitiesFY2024£10.5m
SEVERN WYE ENERGY AGENCYthree months running costs, plus meet all the liabilities of the organisation and to provide sufficient cash to fund the organisation’s activitiesFY2022£10.5m
LEEDS CULTURE TRUSTreserves below the stated policyFY2023£10.3m
THE PETERBOROUGH DIOCESAN BOARD OF FINANCE60 days of annual expenditureFY2024£10.0m
KHODORKOVSKY FOUNDATIONno unrestricted reserves; expendable endowment covers costsFY2023£9.7m
KHODORKOVSKY FOUNDATIONno unrestricted reserves; expendable endowment covers costsFY2025£9.7m
ROYAL PAVILION AND MUSEUMS TRUST25% of planned expenditure over the following 12 monthsFY2025£9.3m
LOCALITY (UK)reserves below the stated policyFY2025£9.1m
LOCALITY (UK)six months' essential core running costs plus sufficient funds to cover any restructure and a loss of unconfirmed incomeFY2024£9.1m
COMMUNITY FOREST TRUSTthree months of operating costsFY2023£8.9m
HUMAN RELIEF FOUNDATION3 to 6 months forward expenditureFY2021£8.8m
GIVING WHAT WE CAN UKsix months of expected cash outflowFY2024£8.8m
ESSEX COMMUNITY FOUNDATIONsix months of operational expenditure budgetFY2025£8.5m
STREETGAMES UKreserves below the stated policyFY2024£8.5m
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN-IN-THE-FIELDS, LONDONreserves below the stated policyFY2022£8.4m
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN-IN-THE-FIELDS, LONDONreserves below the stated policyFY2023£8.4m
RESTLESS DEVELOPMENT£661,941FY2024£8.4m
RESTLESS DEVELOPMENT91% of the current benchmark set by the Trustees (£739,219)FY2022£8.4m
OPERATION MOBILISATIONthree- and six-months operating expenditureFY2024£8.3m
CHRIST EMBASSYthree to four months of recurrent expenditureFY2023£8.2m
CHRIST EMBASSYthree to four months of recurrent expenditure (approximately £1.1m)FY2022£8.2m
THE SOCIETY FOR PROMOTING CHRISTIAN KNOWLEDGE6-9 months staff costsFY2022£8.1m
LOCALGIVING FOUNDATIONreserves below the stated policyFY2024£8.0m
LOCALGIVING FOUNDATIONreserves below the stated policyFY2025£8.0m
LOCALGIVING FOUNDATIONappropriate protection against normal and economic risks and which will also provide a stable financial foundation to meet current financial commitments, planned activities, and to invest for future growthFY2023£8.0m
JUVENILE DIABETES RESEARCH FOUNDATION LIMITED£1mFY2025£8.0m
THE HENRY MOORE FOUNDATIONtwelve months of unrestricted charitable expenditureFY2025£8.0m
GROUNDWORK GREATER MANCHESTER£750,000FY2023£8.0m
BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED£482kFY2023£7.6m
BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED£614kFY2022£7.6m
ASSOCIATION OF NHS CHARITIES12 months' running costsFY2022£7.5m
THE COALFIELDS REGENERATION TRUSTbetween six and twelve months activity across Scotland and Wales and twelve months activity in EnglandFY2025£7.4m
QUAKER INTERNATIONAL EDUCATIONAL TRUST (QUIET)two years' expenditureFY2025£7.4m
THREE COUNTIES AGRICULTURAL SOCIETY£1,200k in free reservesFY2024£7.3m
HYMNS ANCIENT AND MODERN LIMITEDthree months operating costsFY2024£7.2m
Leeds Hospitals Charity£5.5mFY2024£7.2m
Leeds Hospitals Charity£5.8mFY2023£7.2m
UNIVERSITY OF YORK STUDENTS' UNION10% of operating costs (£350,000)FY2023£6.9m
GROUNDWORK CHESHIRE LANCASHIRE & MERSEYSIDEreserves below the stated policyFY2023£6.9m
HAY FESTIVAL FOUNDATION LTDsix months of core operating expenditureFY2025£6.9m
CLEVELAND CLINIC PHILANTHROPY (UK) LTDsufficient to cover support costsFY2022£6.9m
KINGSWAY CLC TRUSTthree-month general expenditure not directly related to turnoverFY2023£6.8m
Axiom Mathsup to 4 months expected operating costs based on the incoming years budgeted expenditureFY2023£6.4m
THE LORD'S TAVERNERSreserves below the stated policyFY2025£6.4m
THE LORD'S TAVERNERSbetween four and seven months of net expenditureFY2023£6.4m
UNIVERSITY HOSPITALS BIRMINGHAM CHARITYreserves below the stated policyFY2023£6.2m
ASYMMETRY ART FOUNDATIONreserves below the stated policyFY2023£6.2m
THE ZAHRA TRUSTreserves below the stated policyFY2023£5.9m
VOLUNTEERING MATTERSthree months of operational expenditureFY2025£5.7m
VOLUNTEERING MATTERSreserves below the stated policyFY2023£5.7m
OPERA HOLLAND PARK£1.0mFY2025£5.7m
OPERA HOLLAND PARK£1mFY2024£5.7m
THE PADDLE STEAMER PRESERVATION SOCIETYreserves below the stated policyFY2023£5.7m
Launchpad Social Enterprisethree months of unrestricted expenditureFY2023£5.6m
CHASDEI AHARON LIMITED12 months of administrative costsFY2024£5.6m
FEDERATION OF SYNAGOGUESsufficient resources to fund the charitable commitments and the cost of management and administrationFY2022£5.6m
FEDERATION OF SYNAGOGUESsufficient resources to fund the charitable commitments and the cost of management and administrationFY2023£5.6m
FEDERATION OF SYNAGOGUESsufficient resources to fund the charitable commitments and the cost of management and administrationFY2024£5.6m
THE SONS OF DIVINE PROVIDENCEreserves below the stated policyFY2023£5.5m
MIFAL HACHESED VEHATZEDOKOHmaximise the funds that it raises so that it can continue to meet its aims and objectives in the futureFY2023£5.4m
GADS HILL SCHOOLreserves below the stated policyFY2025£5.4m
BROWN UNIVERSITY CHARITABLE TRUSTdoes not maintain any general reserves, except for £10,000 to meet annual administration costsFY2024£5.3m
BROWN UNIVERSITY CHARITABLE TRUST£10,000 to meet annual administration costsFY2023£5.3m
THE ROYAL MASONIC TRUST FOR GIRLS AND BOYSeventually diminish to a minimal levelFY2024£5.3m
SISTERS OF CHARITY OF ST PAUL THE APOSTLEreserves below the stated policyFY2024£5.3m
ROY CASTLE LUNG CANCER FOUNDATIONreserves below the stated policyFY2024£5.2m
ESSENTIAL CHRISTIANreserves below the stated policyFY2024£5.2m
ESSENTIAL CHRISTIANreserves below the stated policyFY2023£5.2m
ESSENTIAL CHRISTIANreserves below the stated policyFY2025£5.2m