THE SCAR FREE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity finished the financial year with unrestricted reserves of £751,891, which the trustees confirm meet their policy aim of covering 12 months of core expenditure. However, the trustees note that reserves are forecast to dip below this policy target temporarily during the 2025/26 financial year before recovering. The charity reported a net expenditure for the year of £559,213, driven by a decrease in fundraising income compared to the previous year.
What the accounts disclose
“Our policy is to maintain unrestricted reserves sufficient to cover at least 12 months of core expenditure and to meet redundancy and closure costs, should they ever be required.”
“While they are expected to fall below the target set out in our reserves policy during part of the 2025/26 financial year, this will be the first time the Foundation has dipped below the policy threshold. The shortfall is expected to be temporary, with reserves projected to return to above-policy levels by the end of the year.”
“During the year the charity received donations from Trustees totalling £7,900 for the Big Give Campaign (2024: £6,900). In addition, £Nil (2024: £150,000) was received from a Foundation of which a Trustee (David Allen) was also a Trustee.” — page 51
Corporate structure
- Registered company of the charity Companies House 03831398
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Professor Sir Bruce Edward Keoghchair
- Alison Clarke
- Bridget Edminson
- Galina Wells
- Hemani Modasia-Shah
- Iwan Robert-Mok
- Liaquat Verjee
- Sam Tillotson
- Sridhar Athreya
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £493k | £1.1m |
| 31/03/2024 | £869k | £1.1m |
| 31/03/2023 | £1.3m | £1.6m |
| 31/03/2022 | £1.1m | £1.9m |
| 31/03/2021 | £2.0m | £1.8m |
Common questions
Is THE SCAR FREE FOUNDATION financially healthy?
The accounts state that the charity finished the financial year with unrestricted reserves of £751,891, which the trustees confirm meet their policy aim of covering 12 months of core expenditure. However, the trustees note that reserves are forecast to dip below this policy target temporarily during the 2025/26 financial year before recovering. The charity reported a net expenditure for the year of £559,213, driven by a decrease in fundraising income compared to the previous year. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Who funds THE SCAR FREE FOUNDATION?
Funders whose own accounts filings name THE SCAR FREE FOUNDATION as a grant recipient include ARMED FORCES COVENANT FUND, THE SANDHU CHARITABLE FOUNDATION, THE ASTOR FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ARMED FORCES COVENANT FUND | FY2024 | £300k |
| THE SANDHU CHARITABLE FOUNDATION | FY2022 | £10k |
| THE ASTOR FOUNDATION | FY2025 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IGY FOUNDATION | 1 | £100k |
| ROBERT LUFF FOUNDATION LIMITED | 1 | £40k |
| THE SYNCONA FOUNDATION | 1 | £30k |
| THE GORDON SANDERS CHARITABLE FOUNDATION | 1 | £23k |
| CECIL PILKINGTON CHARITABLE TRUST | 1 | £11k |
| PILKINGTON CHARITIES FUND | 1 | £6k |
| SUSANNA PEAKE CHARITABLE TRUST | 1 | £5k |
| FRAZER TRUST | 1 | £2k |