BOROUGH MARKET (SOUTHWARK)
Registered charity 1076940 · accounts filings on the Charity Commission register · also known as BOROUGH FOOD MARKET, BOROUGH MARKET, TRUSTEES OF THE BOROUGH MARKET
To provide a market as a public amenity for the benefit of the public. The Borough Market Trust is committed to playing a leading role in the debate and education about food and its impact on society and public health, and will continue to provide only those foods which meet our standards of nutrition, freshness and taste quality and demonstrate environmental sustainability in their production.
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Environment/conservation/heritage · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £191k for the year, driven by costs rising more than income due to inflation and increased footfall. The trustees confirm a strong total funds position of £99.9m, with free cash reserves of £4.64m, which exceeds their stated minimum target of £2.0m.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: £2.0m (held: £4.6m)
“has a target minimum free cash level of £2.0m.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: One of the trustees, Adrian Bunnis, is a director at Glaziers Hall Ltd and the charity booked meeting rooms totalling £14,506 in 2024.
“One of the trustees, Adrian Bunnis, is a director at Glaziers Hall Ltd and the charity booked meeting rooms totalling £14,506 in 2024.”
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £625k
“Borough Market (Southwark) gave notice to exit the Scottish Voluntary Sector Pension Scheme on the 28th February 2022 with an agreed settlement of £694,890 of which £625,000 was paid.” — page 61
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Borough Market Business Limited
“The results for Borough Market Business Limited, the trading subsidiary of Borough Market, were consolidated in these results.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Ensors. Discloses 4 of 6 completeness components.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£465k
Reserves (reported)
£60.5m
Reported reserves equal ~84.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (50% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 5.6% of total income — above the median for charities its size (5.2%) (benchmarks).
- SHANE HOLLANDchair
- Adrian Dharshan Benedict
- Chris Shaw
- Daisy Dunlop
- Danny Homan
- Elizabeth Lynwen Morgan
- Erica Sibree
- Eva George
- Michelle Lam
- Shawn Anderson
- Timothy Patrick O'Neill
Trustee list from the Charity Commission register (current, not historical).
Operates in: Southwark
Income and spending
Common questions
Is BOROUGH MARKET (SOUTHWARK) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £191k for the year, driven by costs rising more than income due to inflation and increased footfall. The trustees confirm a strong total funds position of £99.9m, with free cash reserves of £4.64m, which exceeds their stated minimum target of £2.0m. Its FY2025 accounts were audited by Ensors.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE OLD MARKET CHARITABLE TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.