THE BUZZACOTT STUART DEFRIES MEMORIAL FUND
Supporting charitable organisations and in particular, but not exclusively, those which are:* Concerned with deprived socio-economic areas or communities* Situated in the City of London or in a London borough abutting the City of London* Benefiting young people under the age of 25 years
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds stood at £386,383, which is in excess of the trustees' stated reserves policy target of up to £350,000. Although the charity reported a net decrease in funds of £1,737 for the year due to grants exceeding income, the trustees consider the current reserves adequate and not excessive.
What the accounts disclose
“The trustees' policy is to operate on the basis of having free reserves of up to £350,000 at any time.” — page 6
Trustees
- Katharine Patel
- SCOTT BARBER
- Simon Howard Wax
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £119k | £127k |
| 30/09/2024 | £94k | £112k |
| 30/09/2023 | £90k | £76k |
| 30/09/2022 | £99k | £57k |
| 30/09/2021 | £98k | £72k |
Common questions
Is THE BUZZACOTT STUART DEFRIES MEMORIAL FUND financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds stood at £386,383, which is in excess of the trustees' stated reserves policy target of up to £350,000. Although the charity reported a net decrease in funds of £1,737 for the year due to grants exceeding income, the trustees consider the current reserves adequate and not excessive. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| THE WILFRED AND ELSIE ELKES CHARITY FUND | 1 | £24k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
Charities like this
- THE STUART HALBERT FOUNDATION
- YAD VEACHISOMOCH L'CHAIM
- THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND
- FOLKESTONE MUNICIPAL CHARITY
- FOUX FOUNDATION
- BOSTON UNIVERSITY (USA) LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BUZZACOTT STUART DEFRIES MEMORIAL FUND | £119k | — | 0 | above | — | no doubt |
| THE STUART HALBERT FOUNDATION | £210k | — | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| THE CITY AND DIOCESE OF LONDON VOLUNTARY SCHOOLS FUND | £314k | — | 0 | above | — | no doubt |
| FOLKESTONE MUNICIPAL CHARITY | £157k | — | 0 | unclear | — | no doubt |
| FOUX FOUNDATION | £200k | — | 0 | unclear | — | no doubt |