THE INNOCENT FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves increased to £2,449,209, with £2,104,204 classified as uncommitted reserves. The trustees confirm that these funds meet the charity's stated reserves policy, which requires covering committed expenditure plus wind-down costs. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At any given time, The Foundation must be able to cover its committed expenditure and also have the necessary funds to wind down The Foundation’s operations should funding cease. In addition, the cumulative committed income must be greater than cumulative committed expenditure.”
“Innocent Limited paid The Foundation £1 (2024: £50,000) for a licence fee for the use of The Foundation's logo with limitations.” — page 32
“During the year lnnocent Limited incurred £83,411 (2024: £112,811) in respect of employment costs. As staff seconded from the company to The Foundation spend 100% of their time running The Foundation, this was recharged to The Foundation” — page 32
“Innocent Limited paid The Foundation £1 (2024: £50,000) for a licence fee for the use of The Foundation's logo with limitations.” — page 32
“During the year lnnocent Limited incurred £83,411 (2024: £112,811) in respect of employment costs. As staff seconded from the company to The Foundation spend 100% of their time running The Foundation, this was recharged to The Foundation” — page 32
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- ADAM BALON
- JONATHAN WRIGHT
- Nicholas Milton Canney
- RICHARD REED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.1m | £732k |
| 30/06/2024 | £1.0m | £1.0m |
| 30/06/2023 | £1.0m | £1.2m |
| 30/06/2022 | £1.0m | £1.1m |
| 30/06/2021 | £1000k | £1.6m |
Common questions
Is THE INNOCENT FOUNDATION financially healthy?
The accounts state that total unrestricted reserves increased to £2,449,209, with £2,104,204 classified as uncommitted reserves. The trustees confirm that these funds meet the charity's stated reserves policy, which requires covering committed expenditure plus wind-down costs. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by UHY Hacker Young.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FONTHILL FOUNDATION | 1 | £18k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |
| THE PENCHANT FOUNDATION | 1 | £250 |