PS FOUNDATION
Promotion of social welfare, health and education in disadvantaged areas and/or to disadvantaged people.
Objects
3.1.1 THE ADVANCEMENT OF EDUCATION3.1.2 THE RELIEF OF SICKNESS3.1.3 THE PROMOTION OF SUSTAINABLE DEVELOPMENT BY THE RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND DISADVANTAGED COMMUNITIES; AND3.1.4 THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS IN LIFE SUCH OBJECTS TO BE PURSUED WORLDWIDE BUT PARTICULARLY IN ASIA
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
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2023 (received 03/02/2024, 3 days after the 31/01/2024 due date).
Corporate structure
- Registered company of the charity Companies House 06525171 · Financial health read from its filings
Company officers (Companies House)
- BHALLA, Sunil Kumar on trustee list
- MURRIA, Vinodka on trustee list
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 |
|---|---|---|
| UBS UK Donor-Advised Foundation | 1 | £5.0m |
| SISTERS OF MERCY SUNDERLAND | 1 | £210k |
| COVENTRY BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £100k |
| THE CITY AND GUILDS OF LONDON INSTITUTE | 1 | £64k |
| BBC CHILDREN IN NEED | 1 | £30k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £30k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £6k |
| HALCROW FOUNDATION | 1 | £5k |
Charities like this
- PK CHARITABLE FOUNDATION
- THE REAL GOOD FOUNDATION
- POSITIVE YOUTH FOUNDATION
- ISSA FOUNDATION
- THE PUBLIC INTEREST FOUNDATION
- PSS (UK)
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 |
| PK CHARITABLE FOUNDATION | £167k | — | 0 | above | — | no doubt |
| THE REAL GOOD FOUNDATION | £28k | — | 0 | unclear | — | no doubt |
| POSITIVE YOUTH FOUNDATION | £1.5m | — | 0 | unclear | — | no doubt |
| ISSA FOUNDATION | £8.0m | — | 0 | unclear | — | no doubt |
| THE PUBLIC INTEREST FOUNDATION | £209k | — | — | unclear | — | no doubt |