Annual Review 2025 26 2024-25 – a year in numbers Income This information is drawn from the statutory accounts for the year ended 31 March 2025. The accounts are audited by Armstrong Watson and are available on our website at www.cumbriafoundation.org/accounts/ 180 applications received multi-year funding £6,844,217 awarded in total £419,896 was our largest grant, and the smallest was £100 142 funds awarded grants 18 new funds established 718 successful applications Expenditure Surplus for the year (excluding movement in value of investments) composed of: Net assets at 31 March 2025 Charitable activities and grants £7,235,339 Fundraising and publicity £524,389 Investment costs £56,412 TOTAL £7,816,140 Donations to invest for future grant making £4,022,929 Decrease in funds held for grant making (£482,448) Increase on unrestricted reserves £113,623 TOTAL £3,654,104 Funds invested for future grant making £31,978,884 Current grants programmes £4,416,576 Core unrestricted funds £1,012,055 TOTAL £37,407,515 Donations and legacies £5,641,279 Grant programmes £4,825,367 Investment income £979,178 Other income £24,420 TOTAL £11,470,244
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