THE BEACON EQUITY TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity's funding is heavily dependent on private donations from the Sood family and associated entities, with no explicit statement confirming adequate resources for the foreseeable future. The trustees note a need to diversify funding sources to support growth, indicating a dependency on a single donor base. No material uncertainty regarding going concern is explicitly disclosed, but the reliance on continued family support is highlighted as a key operational factor.
What the accounts disclose
“We have a policy of reserving funds for future liabilities, i.e. the continuation of scholarships for their natural duration. The reserve is calculated on the basis of continuation of each present Beacon Scholar’s award until the end of their education at their current school or undergraduate university stage.” — page 7
“The source of funds continues to be private donations from the Sood family and associated entities; in the future we will seek to diversify our funding sources. This principal source of donor funding will continue into the foreseeable future” — page 6
“We successfully spun out the leadership curriculum into a new company (called ARLLStar Ltd) and developed a new website and structure for delivering ARLLS (All Round Leadership Learning System) commercially, with potential profits flowing to Beacon.” — page 4
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- AJAY SOODchair
- ANTONIA MARY SOOD
- Hari James Sood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £700k | £424k |
| 31/07/2024 | £592k | £478k |
| 31/07/2023 | £586k | £455k |
| 31/07/2022 | £429k | £384k |
| 31/07/2021 | £432k | £320k |
Common questions
Is THE BEACON EQUITY TRUST financially healthy?
The accounts state that the charity's funding is heavily dependent on private donations from the Sood family and associated entities, with no explicit statement confirming adequate resources for the foreseeable future. The trustees note a need to diversify funding sources to support growth, indicating a dependency on a single donor base. No material uncertainty regarding going concern is explicitly disclosed, but the reliance on continued family support is highlighted as a key operational factor. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAJLIS ANSARULLAH (UK) LTD | 1 | £44k |
| WHITEHILL & BORDON COMMUNITY TRUST | 1 | £3k |