PS FOUNDATION
Promotion of social welfare, health and education in disadvantaged areas and/or to disadvantaged people.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £25.8m at the year-end, with £10.2m held in cash reserves. The trustees report that the charity has adequate cash reserves and sufficient liquid resources to meet foreseeable liabilities as they fall due, noting that running costs are negligible as the charity is run voluntarily by Trustees with no employees.
What the accounts disclose
“Donations and legacies 2 - 28,000” — page 10
“One of the properties held by the charity was sold to a company in which one of the trustees has significant control. The approval was obtained from the Charity Commission prior to sale.” — page 17
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- VINODKA MURRIAchair
- MARK BUTT
- SUNIL BHALLA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £560k | £525k |
| 31/03/2024 | £383k | £523k |
| 31/03/2023 | £389k | £422k |
| 31/03/2022 | £411k | £346k |
| 31/03/2021 | £269k | £262k |
Common questions
Is PS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £25.8m at the year-end, with £10.2m held in cash reserves. The trustees report that the charity has adequate cash reserves and sufficient liquid resources to meet foreseeable liabilities as they fall due, noting that running costs are negligible as the charity is run voluntarily by Trustees with no employees. Its FY2025 accounts were audited by Kingston Burrowes Audit Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PRISM THE GIFT FUND | 1 | £70k |
| UBS UK Donor-Advised Foundation | 1 | £5k |
| THE GRACE TRUST | 1 | £2k |
Charities like this
- ISSA FOUNDATION
- THE LOVINGTON FOUNDATION
- THE FOUNDATION FOR THE PROMOTION OF WELL-BEING
- THE PURI FOUNDATION
- HARTLEPOOL UNITED COMMUNITY SPORTS FOUNDATION
- MW (HO) FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PS FOUNDATION | £560k | — | 0 | unclear | — | no doubt |
| ISSA FOUNDATION | £9.9m | — | 0 | above | — | no doubt |
| THE LOVINGTON FOUNDATION | £272k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION FOR THE PROMOTION OF WELL-BEING | £364k | — | 0 | unclear | — | no doubt |
| THE PURI FOUNDATION | £5.3m | — | 0 | above | — | no doubt |
| HARTLEPOOL UNITED COMMUNITY SPORTS FOUNDATION | £199k | — | 0 | unclear | — | no doubt |