The William Syson Foundation
Latest income
£517k
Latest spending
£739k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £13,916,832, an increase from the previous year's £12,648,978, driven by significant investment gains. The charity reports no formal reserves policy, citing its substantial liquid assets and minimal liabilities as sufficient justification. The trustees and auditors confirm the entity remains a going concern with adequate resources for the foreseeable future.
What the accounts disclose
Related-party transaction: Howard Cockburn (Trustee) is an investment manager employed by JM Finn. Fees payable to JM Finn are charged at market rates with the agreement of the other Trustees.
“During the period, the investment managers JM Finn received management fees totaling £40,005. Howard Cockburn (Trustee) is an investment manager employed by JM Finn and is responsible for the portfolio managed by JM Finn. Fees payable to JM Finn are charged at market rates with the agreement of the other Trustees.” — page 22
Per FY2025 accounts as filed with OSCR.