BRITISH OLYMPIC FOUNDATION

Registered charity 1122080 · accounts filings on the Charity Commission register

The main activities of the British Olympic Foundation include the promotion and advancement of all aspects of the Olympic Movement through public education in sport, sporting activity and other forms of physical education and recreation.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Amateur Sport · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£1.2m

Latest spending

£1.6m

Registered

2007

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of £206,682, which the Trustees consider to represent 12 months of day-to-day expenditure, meeting their stated policy target. However, the charity reported a net expenditure of £448,857 for the year, resulting in a decrease in total net assets from £702,576 to £253,719. The Trustees note that the increase in deficit relates to the timing of spend versus income and one-off investments related to a change in delivery partner, forecasting a surplus for 2026.

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

What the accounts disclose

Going concern: noted by the trustees or auditor

“The principal uncertainties for the Foundation are those surrounding the unpredictable nature of funding and revenue. Without sufficient funding, its projects would have to be cut back or put on hold.” — page 6

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: The Foundation received a donation of £84,640 (2024: £81,875) from the British Olympic Association in respect of staff who are employees of the BOA but who provide some of their services to the Foundation. The Foundation also received £225,000 (2024: £135,000) nonrestricted cash from the BOA, £25,000 restricted cash from the BOA (2024: nil) and £21,216 (2024: £27,011) contribution to BOF overheads in relation to various Get Set projects related to BOA Sponsors. A further £50,000 restricted cash donation was also received from the BOA which is included within deferred income at 31 December 2025 for 2026 and 2027 Get Set Core contributions.

“The Foundation received a donation of £84,640 (2024: £81,875) from the British Olympic Association in respect of staff who are employees of the BOA but who provide some of their services to the Foundation. The Foundation also received £225,000 (2024: £135,000) nonrestricted cash from the BOA, £25,000 restricted cash from the BOA (2024: nil) and £21,216 (2024: £27,011) contribution to BOF overheads in relation to various Get Set projects related to BOA Sponsors. A further £50,000 restricted cash donation was also received from the BOA which is included within deferred income at 31 December 2025 for 2026 and 2027 Get Set Core contributions.” — page 32

“The Foundation received £45,000 in 2025 from the British Paralympic Association (2024: 25,000), split between a £25,000 restricted donation towards Get Set Core and a £20,000 unrestricted donation. The Chair is a Director of the British Paralympic Association.” — page 32

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: The Foundation received £45,000 in 2025 from the British Paralympic Association (2024: 25,000), split between a £25,000 restricted donation towards Get Set Core and a £20,000 unrestricted donation. The Chair is a Director of the British Paralympic Association.

“The Foundation received a donation of £84,640 (2024: £81,875) from the British Olympic Association in respect of staff who are employees of the BOA but who provide some of their services to the Foundation. The Foundation also received £225,000 (2024: £135,000) nonrestricted cash from the BOA, £25,000 restricted cash from the BOA (2024: nil) and £21,216 (2024: £27,011) contribution to BOF overheads in relation to various Get Set projects related to BOA Sponsors. A further £50,000 restricted cash donation was also received from the BOA which is included within deferred income at 31 December 2025 for 2026 and 2027 Get Set Core contributions.” — page 32

“The Foundation received £45,000 in 2025 from the British Paralympic Association (2024: 25,000), split between a £25,000 restricted donation towards Get Set Core and a £20,000 unrestricted donation. The Chair is a Director of the British Paralympic Association.” — page 32

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: In 2025 the Foundation made a grant to Our Parks Ltd of nil (2024: £5,000) to deliver a Path to Paris event as part of the Sport England project. Born Barikor is the sole director and a Foundation trustee.

“The Foundation received a donation of £84,640 (2024: £81,875) from the British Olympic Association in respect of staff who are employees of the BOA but who provide some of their services to the Foundation. The Foundation also received £225,000 (2024: £135,000) nonrestricted cash from the BOA, £25,000 restricted cash from the BOA (2024: nil) and £21,216 (2024: £27,011) contribution to BOF overheads in relation to various Get Set projects related to BOA Sponsors. A further £50,000 restricted cash donation was also received from the BOA which is included within deferred income at 31 December 2025 for 2026 and 2027 Get Set Core contributions.” — page 32

“The Foundation received £45,000 in 2025 from the British Paralympic Association (2024: 25,000), split between a £25,000 restricted donation towards Get Set Core and a £20,000 unrestricted donation. The Chair is a Director of the British Paralympic Association.” — page 32

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

David Ross appointed as Chair of the British Olympic Foundation teamgb.com · 16/05/2022

Structured financials (annual return, FY ending 31/12/2025)

Total income

£1.2m

Total spending

£1.6m

Reserves (reported)

£254k

Employees

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (61% 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

ALISTAIR BROWNLEE · trustee of 1 other charity
Bornmene Barikor · trustee of 4 other charities
Catherine Ferry
David Ross · trustee of 1 other charity
Lauren Steadman
Samuel Shave
Shahab Uddin
Victoria Karen Griffiths

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2025	£1.2m	£1.6m
31/12/2024	£1.5m	£1.6m
31/12/2023	£1.9m	£1.9m
31/12/2022	£972k	£928k
31/12/2021	£1.5m	£1.4m

Common questions

Is BRITISH OLYMPIC FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £206,682, which the Trustees consider to represent 12 months of day-to-day expenditure, meeting their stated policy target. However, the charity reported a net expenditure of £448,857 for the year, resulting in a decrease in total net assets from £702,576 to £253,719. The Trustees note that the increase in deficit relates to the timing of spend versus income and one-off investments related to a change in delivery partner, forecasting a surplus for 2026. Its FY2025 accounts were audited by BDO LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
Sport England	15/02/2023	£2.2m	Path to Paris, March to Milan
Sport England	11/10/2021	£150k	Travel to Tokyo 2019
Sport England	01/02/2021	£249k	Travel to Tokyo 2019
Sport England	23/08/2019	£2.7m	Travel to Tokyo 2019
Sport England	14/08/2018	£429k	Road to Tokyo
Sport England	21/03/2018	£150k	Think Active Project
The National Lottery Community Fund	30/07/2015	£2.1m	Get Set for Community Action
The National Lottery Community Fund	28/02/2013	£2.5m	Get Set to Make a Change

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.

Funder	Similar charities funded	Amount to them
THE ALL SAINTS EDUCATIONAL TRUST	1	£179k
REUBEN FOUNDATION	1	£120k
THE DORFMAN FOUNDATION	1	£102k
THE DAVID LEAN FOUNDATION	1	£55k
UBS UK Donor-Advised Foundation	1	£53k
PETER HARRISON FOUNDATION	1	£25k
BOOST CHARITABLE TRUST	1	£5k
THE ASTOR FOUNDATION	1	£2k

Charities like this

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

THE NATIONAL COACHING FOUNDATION income £6.7m
CLUB DONCASTER COMMUNITY SPORTS & EDUCATION FOUNDATION income £2.0m
BRITISH GYMNASTICS FOUNDATION income £366k
THE BRITISH NUTRITION FOUNDATION income £1.8m
NFL FOUNDATION UK income £725k
BRITISH ROWING CHARITABLE FOUNDATION income £235k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
BRITISH OLYMPIC FOUNDATION	£1.2m	—	0	within	—	noted
THE NATIONAL COACHING FOUNDATION FY2025	£6.7m	£130,001 - £140,000	—	unclear	—	no doubt
CLUB DONCASTER COMMUNITY SPORTS & EDUCATION FOUNDATION FY2025	£2.0m	—	—	unclear	—	no doubt
BRITISH GYMNASTICS FOUNDATION FY2025	£366k	—	—	unclear	—	no doubt
THE BRITISH NUTRITION FOUNDATION FY2025	£1.8m	—	—	unclear	—	no doubt
NFL FOUNDATION UK FY2024	£725k	—	0	unclear	—	no doubt

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