J C BAMFORD FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity operates on the basis that current income is applied in making grants, with a policy of not holding reserves. The unrestricted funds were in deficit at the year end, with a net loss on investments of £1,774 offsetting investment income of £50,021. The trustees expect the deficit to be returned to a surplus position in the next financial year.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £510k | £510k |
| 31/03/2024 | £4k | £8k |
| 31/03/2023 | £166k | £6k |
| 31/03/2022 | £50 | £6k |
| 31/03/2021 | £491 | £7k |
Common questions
Is J C BAMFORD FOUNDATION financially healthy?
The accounts state that the charity operates on the basis that current income is applied in making grants, with a policy of not holding reserves. The unrestricted funds were in deficit at the year end, with a net loss on investments of £1,774 offsetting investment income of £50,021. The trustees expect the deficit to be returned to a surplus position in the next financial year. Its FY2023 accounts were audited by Howsons (Audit & Assurance) Limited.