THE BORNO FOUNDATION
THE SCOPE OF OUR ACTIVITIES CAN BE FOUND IN OUR GOVERNING DOCUMENT.
Objects
3.1.1 THE RELIEF OR PREVENTION OF POVERTY OR FINANCIAL HARDSHIP ANDIMPROVEMENT OF THE CONDITIONS OF LIFE, INCLUDING BY PROVIDINGGOODS, SERVICES, FACILITIES OR GRANTS;3.1.2 THE RELIEF OF SICKNESS, THE PRESERVATION OF HEALTH AND PROVISION OFMEDICAL AID;3.1.3 THE RELIEF AND ASSISTANCE OF VICTIMS OF WAR, NATURAL DISASTER ORCATASTROPHE;3.1.4 THE ADVANCEMENT OF EDUCATION AND TRAINING; AND CONSERVATION AND PROTECTION OF THE ENVIRONMENT, PRUDENT USE OF 3.1.5 TO PROMOTE SUSTAINABLE DEVELOPMENT BY ANY MEANS WHICH ENSURERESOURCES, IMPROVEMENT OF THE CONDITIONS OF LIFE IN DISADVANTAGEDCOMMUNITIES, OR SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTHOR REGENERATION.3.2 IN THIS CLAUSE:3.2.1 'DISADVANTAGED COMMUNITIES' MEANS THOSE WHERE A SIGNIFICANTPROPORTION OF PEOPLE ARE IN GREAT NEED BECAUSE OF THEIR FINANCIAL,ECONOMIC, SOCIAL, HEALTH OR OTHER CIRCUMSTANCES; AND3.2.2 'SUSTAINABLE DEVELOPMENT' MEANS DEVELOPMENT WHICH MEETS THENEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTUREGENERATIONS TO MEET THEIR OWN NEEDS.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,417,347, which the trustees consider adequate to meet its objects. The free reserves excluding tangible fixed assets are £387,347, approximately equivalent to 5-7 years' expenditure. The charity reported a net movement in funds of £9,445 for the year, funded primarily by investment income.
What the accounts disclose
“The majority of the Charity’s income is derived from rental of the investment property.” — page 4
“The free reserves excluding tangible fixed assets were £387,347 (2024: £377,902), which is approximately equivalent to 5-7 years' expenditure” — page 5
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
Trustees
- HANNAH REBECCA BORNO
- Hamish Borno
- ZAHRA TRUDI AKKERHUYS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £62k | £52k |
| 31/12/2024 | £46k | £70k |
| 31/12/2023 | £44k | £75k |
| 31/12/2022 | £45k | £100k |
| 31/12/2021 | £45k | £46k |
Common questions
Is THE BORNO FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,417,347, which the trustees consider adequate to meet its objects. The free reserves excluding tangible fixed assets are £387,347, approximately equivalent to 5-7 years' expenditure. The charity reported a net movement in funds of £9,445 for the year, funded primarily by investment income. Its FY2025 accounts were independently examined.