FRIENDS OF BOYAN TRUST

Registered charity 1114498 · accounts filings on the Charity Commission register

Latest income
£974k
Latest spending
£898k
Registered
2006
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated unrestricted income of £974,237 and incurred expenses of £897,784, resulting in a net surplus for the year. Unrestricted reserves stood at £22,116 at year-end, with the trustees noting they do not seek to maintain specific reserves beyond ensuring operational continuity. The trustees confirmed the charity will continue in operational existence for the foreseeable future.

What the accounts disclose

Related-party transaction: The document states the recipient is a charity where one of the trustees is also a trustee. It does not explicitly name the recipient charity in the transaction line, but lists 'Bais Rizhin Trust' in the grants table. However, Note 13 separates the loan and donation to 'a charity where one of the trustees... is also a trustee'. The grants table lists 'Bais Rizhin Trust' with £51,578. It is highly likely this is the related party, but the text in Note 13 does not explicitly name it. Rule 1 says NEVER guess. I must extract ONLY what is explicitly stated. Note 13 says 'donated £51,578... to a charity where one of the trustees... is also a trustee'. It does not name the charity. I will describe the transaction as stated.
During the year the charity lent £3,400 (2023: £1,500) and donated £51,578 (2023: £9,597) to a charity where one of the trustees of this charity is also a trustee together with some of his close family members. — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£974k
Total spending
£898k
Reserves (reported)
£22k
Employees
0

Reported reserves equal ~0.3 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Belgium · Israel · Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£974k£898k
31/12/2023£954k£1.1m
31/12/2022£867k£782k
31/12/2021£769k£839k
31/12/2020£643k£610k

Common questions

Is FRIENDS OF BOYAN TRUST financially healthy?

The accounts state that the charity generated unrestricted income of £974,237 and incurred expenses of £897,784, resulting in a net surplus for the year. Unrestricted reserves stood at £22,116 at year-end, with the trustees noting they do not seek to maintain specific reserves beyond ensuring operational continuity. The trustees confirmed the charity will continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.

Who funds FRIENDS OF BOYAN TRUST?

Funders whose own accounts filings name FRIENDS OF BOYAN TRUST as a grant recipient include SAMJO LIMITED, OIZER CHARITABLE TRUST, BRUSHMILL LIMITED, CHARITWORTH LIMITED, COUNTYPIER LIMITED.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BEREST CHARITIES.