BIBIC
Delivery of therapies and support to improve the day-to-day lives of children with brain injuries and/or developmental difficulties. Also to provide training to professionals and parents.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operational deficit of £58,332 for the year ended 31 March 2025, resulting in a decrease in total funds from £313,398 to £255,067. Free reserves stood at £172,017, which the trustees noted were below their stated policy target range of £272,000 to £433,000, although they subsequently reviewed the policy to lower the target. The charity remains dependent on fundraising income, which declined significantly due to the loss of a one-off legacy donation in the previous year.
What the accounts disclose
“Our reserves still sit below this policy however we are reducing our costs and working on increasing our income so we sit within the safety of Four to Six months”
Funders the charity credits
- JCDecaux Community Channel
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (12/03/2024)
Trustees
- Caroline Jamesonchair
- Angharad Hughes
- Hugh Gregory
- Jason Whyte
- Sarah Esler
- Victoria Emma Phillips
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £653k | £711k |
| 31/03/2024 | £769k | £805k |
| 31/03/2023 | £647k | £733k |
| 31/03/2022 | £555k | £620k |
| 31/03/2021 | £619k | £419k |
Common questions
Is BIBIC financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operational deficit of £58,332 for the year ended 31 March 2025, resulting in a decrease in total funds from £313,398 to £255,067. Free reserves stood at £172,017, which the trustees noted were below their stated policy target range of £272,000 to £433,000, although they subsequently reviewed the policy to lower the target. The charity remains dependent on fundraising income, which declined significantly due to the loss of a one-off legacy donation in the previous year. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Somerset Community Foundation | 11/11/2024 | £5k | Subsidised costs for low income Somerset families to access assessments, therapy plans and key working support |
| The National Lottery Community Fund | 22/05/2024 | £225k | Contribution to bibic core costs |
| Postcode Lottery | 03/04/2023 | £25k | Unrestricted Funding |
| Somerset Community Foundation | 31/01/2023 | £5k | Subsidising the cost of assessment and therapy for children with developmental disabilities during the cost-of-living crisis |
| The National Lottery Community Fund | 20/05/2022 | £10k | A new therapist to meet increased demand for bibic’s unique therapeutic support |
| The National Lottery Community Fund | 31/05/2019 | £10k | Providing outreach in the family home |
| The National Lottery Community Fund | 10/03/2010 | £235k | Family Support and Development Officer and Mobile Clinics for the West Midl |
| The National Lottery Community Fund | 11/02/2010 | £392k | Outreach for children with disabilities |
| The National Lottery Community Fund | 16/06/2008 | £10k | Volunteer Investment Programme |
| The National Lottery Community Fund | 19/01/2006 | £5k | Kitchen |
| The National Lottery Community Fund | 22/11/2005 | £137k | Family Support |
| The National Lottery Community Fund | 20/04/2005 | £3k | Vintage Fashion Show |