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BACON FOUNDATION LTD

Registered charity 1116633 · accounts filings on the Charity Commission register · also known as BACON FOUNDATION

The company's objects and principal activities are for such exclusive charitable purposes as the Trustees of the charity may in their absolute discretion determine.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£2.0m
Latest spending
£2.8m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Charity held unrestricted reserves of -£1,141,411 at the year end, resulting in a net liability position. Per the trustees' report, the Charity is reliant on donations from related parties to meet its obligations, though it has received a letter of support securing future funds to operate for at least 12 months.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Moore Charitable Foundation (100% of income)
“Moore Charitable Foundation, a related party entity, donated £1,999,868 during the year” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-1.1m; policy: to maintain a revenue balance to enable the Charity to make grants in accordance with its charitable objectives)
“The amount of reserves at 1 April 2025 amounted to ‐£1,141,411 (2024 – ‐£355,766).”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Charity is reliant on the donations it receives from such parties to ensure that it is able to continue to meet its obligations as they become due.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Belvedere Charitable Foundation is the sole shareholder. Mr Lawrence Noe, a Trustee, is also a Director of The Belvedere Charitable Foundation.
“Mr Lawrence Noe, a Trustee of the Charity is also a Director of The Belvedere Charitable Foundation, the sole shareholder of the Charity.” — page 7
“Mrs Sarah Woodhead Bacon, a Trustee of the Charity, is also a Board Member for Space for Giants, an institution that the Charity donated to during the year.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity donated to Space for Giants. Mrs Sarah Woodhead Bacon, a Trustee, is also a Board Member for Space for Giants.
“Mr Lawrence Noe, a Trustee of the Charity is also a Director of The Belvedere Charitable Foundation, the sole shareholder of the Charity.” — page 7
“Mrs Sarah Woodhead Bacon, a Trustee of the Charity, is also a Board Member for Space for Giants, an institution that the Charity donated to during the year.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Ernst & Young LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 01/04/2025)

Total income
£2.0m
Total spending
£2.8m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
01/04/2025£2.0m£2.8m
01/04/2024£2.8m£2.9m
01/04/2023£106k£3.8m
01/04/2022£9.6m£6.2m
01/04/2021£63k£126k

Common questions

Is BACON FOUNDATION LTD financially healthy?

Per its FY2025 accounts: The accounts state that the Charity held unrestricted reserves of -£1,141,411 at the year end, resulting in a net liability position. Per the trustees' report, the Charity is reliant on donations from related parties to meet its obligations, though it has received a letter of support securing future funds to operate for at least 12 months. Its FY2025 accounts were audited by Ernst & Young LLP.

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.

FunderSimilar charities fundedAmount to them
ST ALDHELM'S CHAPEL TRUST1£60k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE TIM BACON FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BACON FOUNDATION LTD£2.0m—0below—noted
THE TIM BACON FOUNDATION FY2025£118k—0unclear—no doubt
BANHAM FOUNDATION LIMITED FY2025£286k—0unclear—no doubt
BNA CHARITABLE INCORPORATED ORGANISATION FY2025£356k—0unclear—no doubt
THE B S CHARITABLE FOUNDATION FY2025£226k—0unclear—no doubt
THE LANCASHIRE FOUNDATION FY2024£956k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.