THE USBORNE FOUNDATION

Charity number: 1121957
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

fund and sponsor other charities. Further education generally and relief of poverty

Income and expenditure

Data for financial year ending 31 December 2024

Total income:
£2,356,656

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Donations and legacies £2.35m
Charitable activities £0
Other trading activities £0
Investments £4.14k
Other £0

Total expenditure:
£1,026,784

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Raising funds £0
Charitable activities £1.03m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £1.03m
Retained for future use £1.33m

People

3 Trustee(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 12 December 2007: Standard registration
Organisation type:
Other
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Risk management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Anjanette Pavell Trustee 22 September 2025
None on record
MARTIN OLIVER USBORNE Trustee
None on record
NICOLA SUSAN MARIE USBORNE Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2020 31/12/2021 31/12/2022 31/12/2023 31/12/2024
Total gross income £341.96k £1.82m £627.63k £9.81k £2.36m
Total expenditure £425.10k £1.14m £1.16m £1.01m £1.03m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A £1.82m £625.55k N/A £2.35m
Income - Other trading activities N/A £0 £0 N/A £0
Income - Charitable activities N/A £0 £0 N/A £0
Income - Endowments N/A £0 £0 N/A £0
Income - Investment N/A £168 £2.08k N/A £4.14k
Income - Other N/A £0 £0 N/A £0
Income - Legacies N/A £0 £0 N/A £0
Expenditure - Charitable activities N/A £1.14m £1.16m N/A £1.03m
Expenditure - Raising funds N/A £0 £0 N/A £0
Expenditure - Governance N/A £6.00k £3.78k N/A £6.00k
Expenditure - Grants institution N/A £1.13m £1.16m N/A £0
Expenditure - Investment management N/A £0 £0 N/A £0
Expenditure - Other N/A £0 £0 N/A £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2020 31/12/2021 31/12/2022 31/12/2023 31/12/2024
Own use assets N/A £0 £0 N/A £0
Long-term investments N/A £0 £0 N/A £0
Other assets N/A £1.59m £1.10m N/A £1.38m
Defined benefit pension scheme asset or liability N/A £0 £0 N/A £0
Total liabilities N/A £6.01k £48.61k N/A £6.01k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2024 28 October 2025 On time
Accounts and TAR 31 December 2024 28 October 2025 On time
Annual return 31 December 2023 11 October 2024 On time
Accounts and TAR 31 December 2023 Not required
Annual return 31 December 2022 30 October 2023 On time
Accounts and TAR 31 December 2022 30 October 2023 On time
Annual return 31 December 2021 31 October 2022 On time
Accounts and TAR 31 December 2021 31 October 2022 On time
Annual return 31 December 2020 27 October 2021 On time
Accounts and TAR 31 December 2020 27 October 2021 On time
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Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

DECLARATION OF TRUST DATED 13/08/2007 AS AMENDED BY DEED DATED 04/04/2008 AS AMENDED BY DEED DATED 09/01/2014 as amended on 29 Sept 2025

Charitable objects

I) TO SUPPORT SUCH CHARITY OR CHARITIES OR CHARITABLE PURPOSES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT; II) TO SUPPORT THE FURTHERANCE OF EDUCATION GENERALLY; III) FOR THE RELIEF OF POVERTY IN PARTICULAR BUT NOT LIMITED THERETO IN CHILDREN; AND WHICH ARE FOR GENERAL PURPOSES BENEFICIAL TO THE PUBLIC. AT THEIR DISCRETION, THE TRUSTEES MAY SPEND ALL OR PART OF THE CAPITAL OF THE CHARITY IN FURTHERING THE OBJECTS.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED. IN PRACTICE, NATIONAL AND OVERSEAS

Contact information

Address:
USBORNE PUBLISHING
83-85 SAFFRON HILL
LONDON
EC1N 8RT
Phone:
02074302800
Email:
info@usbornefoundation.org.uk
Website:

No information available