CANOPI FOUNDATION

Registered charity 1075749 · accounts filings on the Charity Commission register · also known as BRIGHT RED DOT FOUNDATION, BRIGHT RED DOT FOUNDATION LIMITED, CAC-COMMUNITY ACTION CENTRE, CAN - COMMUNITY ACTION NETWORK, COMMUNITY ACTION NETWORK, THE HELEN TAYLOR THOMPSON FOUNDATION LIMITED

Latest income
£2.8m
Latest spending
£2.7m
Registered
1999
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Group recorded a net expenditure of £10,885,245, largely driven by an £8,736,600 impairment of property, resulting in a decrease in unrestricted reserves from £28,993,790 to £18,108,545. Per the trustees' report, reserves remain significantly above the stated policy target of £500,000, with cash and liquid assets totaling £11,382,923. The Trustees confirm adequate resources for going concern, noting that the decrease in reserves was due to the purchase of a new building.

What the accounts disclose

Reserves policy: £500,000 (held: £18.1m)
The Trustees approved a Reserves Policy in 2012 and agreed to aim to maintain consolidated free reserves of £500,000 in cash or assets that are easily converted into cash. — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by BK Plus Audit Limited.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.8m
Total spending
£2.7m
Reserves (reported)
£500k
Employees
11

Reported reserves equal ~2.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.8m£2.7m
31/03/2024£2.9m£4.9m
31/03/2023£2.5m£3.3m
31/03/2022£3.1m£2.8m
31/03/2021£3.5m£3.4m

Common questions

Is CANOPI FOUNDATION financially healthy?

The accounts state that the Group recorded a net expenditure of £10,885,245, largely driven by an £8,736,600 impairment of property, resulting in a decrease in unrestricted reserves from £28,993,790 to £18,108,545. Per the trustees' report, reserves remain significantly above the stated policy target of £500,000, with cash and liquid assets totaling £11,382,923. The Trustees confirm adequate resources for going concern, noting that the decrease in reserves was due to the purchase of a new building. Its FY2024 accounts were audited by BK Plus Audit Limited.

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