DAISYCHAIN BENEVOLENT FUND TRUST
Our aim is the Preservation of Health and the Relief of Sickness for children and young adults in the Community. With our partners the Teenage Cancer Trust, UHNS Hospital, Queens Hospital Burton, Cheltenham General, Derbyshire Children's Hospital, Riverbank Ward at Worcester and the Hereford County Hospital, the Trust funds new medical equipment, community support, specialist nurses and much more.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,885 at the end of the period, with the trustees declaring no policy of holding significant reserves. The charity relies entirely on annual donations from a related trading subsidiary, noting that increasing costs and the retail sector's difficulties pose operational challenges for the future.
What the accounts disclose
“OUR MAIN SOURCE OF INCOME HAS BEEN BY THE ANNUAL DONATION FROM DAISYCHAIN BENEVOLENT FUND LTD.”
“IT IS FORCAST THAT INCREASING COSTS IN 2025, DUE TO THE UK BUDGET, WILL CONTINUE TO POSE OPERATIONAL CHALLENGES.”
“THE MAJORITY OF THE FUNDS ARE THE PROCEEDS FROM THE TRADING ACTIVITIES OF DAISYCHAIN BENEVOLENT FUND LTD AND ITS SHOPS.”
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- GREGORY ROWEchair
- DAVINA ROBERTS
- ELIZABETH HAWKETT
- JONATHAN MOORE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £165k | £173k |
| 31/12/2023 | £203k | £222k |
| 31/12/2022 | £202k | £236k |
| 31/12/2021 | £123k | £62k |
| 31/12/2020 | £163 | £0 |
Common questions
Is DAISYCHAIN BENEVOLENT FUND TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,885 at the end of the period, with the trustees declaring no policy of holding significant reserves. The charity relies entirely on annual donations from a related trading subsidiary, noting that increasing costs and the retail sector's difficulties pose operational challenges for the future.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 2 | £639k |
| THE REED FOUNDATION | 2 | £24k |
| C A REDFERN CHARITABLE FOUNDATION | 1 | — |
Charities like this
- THE CHARTWELL CHILDREN'S CANCER TRUST CIO
- DORSET COUNTY HOSPITAL NHS FOUNDATION TRUST CHARITABLE FUND AND OTHER RELATED CHARITIES
- DOROTHY, EMMA & SPIRO LATSIS BENEVOLENT TRUST
- MILTON KEYNES HOSPITAL NHS FOUNDATION TRUST
- VELINDRE UNIVERSITY NHS TRUST CHARITY
- TOM AND SHEILA SPRINGER CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DAISYCHAIN BENEVOLENT FUND TRUST | £165k | — | 0 | unclear | — | noted |
| THE CHARTWELL CHILDREN'S CANCER TRUST CIO | £191k | — | 0 | above | — | no doubt |
| DORSET COUNTY HOSPITAL NHS FOUNDATION TRUST CHARITABLE FUND AND OTHER RELATED CHARITIES | £1.4m | — | 0 | above | 12.5% | no doubt |
| DOROTHY, EMMA & SPIRO LATSIS BENEVOLENT TRUST | £2.5m | — | 0 | below | — | no doubt |
| MILTON KEYNES HOSPITAL NHS FOUNDATION TRUST | £369k | — | 0 | unclear | — | no doubt |
| VELINDRE UNIVERSITY NHS TRUST CHARITY | £4.4m | — | 0 | above | — | no doubt |