THE DOUGLAS BOMFORD TRUST
Supporting the application of engineering to agriculture and related areas through research and education
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a deficit of £38,042 for the year ended 31 March 2025, resulting in a decrease in total funds to £6,142,872. The Trustees confirm that sufficient reserves are held to cover annual expenditure and that investment income and intelligent budgeting allow all commitments to be met. The Trust operates with no employees and relies on trustee governance and self-employed secretarial support.
What the accounts disclose
“Under normal conditions sufficient funds to cover at least the budgeted annual expenditure are held as a reserve in a deposit account.” — page 11
Trustees
- ANDREW CHARLES NEWBOLD
- Dr MARK Moore
- John Baines
- Julia Lucas
- Nicholas Wyvil August
- Prof Richmal Jane Timms
- Professor Simon Pearson
- Rebecca Louise Geraghty
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £167k | £206k |
| 31/03/2024 | £169k | £154k |
| 31/03/2023 | £337k | £149k |
| 31/03/2022 | £148k | £112k |
| 31/03/2021 | £169k | £157k |
Common questions
Is THE DOUGLAS BOMFORD TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a deficit of £38,042 for the year ended 31 March 2025, resulting in a decrease in total funds to £6,142,872. The Trustees confirm that sufficient reserves are held to cover annual expenditure and that investment income and intelligent budgeting allow all commitments to be met. The Trust operates with no employees and relies on trustee governance and self-employed secretarial support. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHUTTLEWORTH VETERAN AEROPLANE SOCIETY | 1 | £857k |
| WESTMINSTER COLLEGE TRUST, OXFORD | 1 | £204k |
| THE AURORA TRUST | 1 | £144k |
| JOSEPH ROWNTREE FOUNDATION | 1 | £60k |
| THE MARK LEONARD TRUST | 1 | £40k |
| THE A TEAM FOUNDATION LIMITED | 1 | £29k |
| THE CENTRE FOR AFRICAN ENTREPRENEURSHIP | 1 | £9k |
| The Connolly Foundation (UK) Limited | 1 | £5k |
Charities like this
- THE RICHARD ORMONDE SHUTTLEWORTH REMEMBRANCE TRUST
- REAL FARMING TRUST
- THE BURFORD TRUST
- RICHARD SHUTTLEWORTH TRUSTEES
- THE FARMINGTON TRUST LIMITED
- ST ANTHONY'S TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DOUGLAS BOMFORD TRUST | £167k | — | 0 | unclear | — | no doubt |
| THE RICHARD ORMONDE SHUTTLEWORTH REMEMBRANCE TRUST | £6.8m | £80,001 - £90,000 | — | above | — | no doubt |
| REAL FARMING TRUST | £930k | — | 0 | within | — | no doubt |
| THE BURFORD TRUST | £111k | — | 0 | unclear | — | no doubt |
| RICHARD SHUTTLEWORTH TRUSTEES | £6.8m | £80,001 - £90,000 | — | above | — | no doubt |
| THE FARMINGTON TRUST LIMITED | £885k | — | — | unclear | — | no doubt |