THE LORD BAMFORD FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds total £2,168,739, representing a surplus on unrestricted funds of £2,169,739 at the year end. The charity operates on a policy of not holding reserves, applying current income to grants, and has a stated reserves policy target of zero. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £307k | £8k |
| 31/03/2024 | £339k | £182k |
| 31/03/2023 | £329k | £112k |
| 31/03/2022 | £315k | £44k |
| 31/03/2021 | £313k | £26k |
Common questions
Is THE LORD BAMFORD FOUNDATION financially healthy?
The accounts state that unrestricted funds total £2,168,739, representing a surplus on unrestricted funds of £2,169,739 at the year end. The charity operates on a policy of not holding reserves, applying current income to grants, and has a stated reserves policy target of zero. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Howsons (Audit & Assurance) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £90k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £4k |