The Brindle Foundation
Financial health, per its FY2025 accounts
The accounts state that the charity's total funds increased to £2,931,288, although the unrestricted income fund is in a deficit of £318,242. The trustees report that this deficit arises from the timing of liabilities and transfers from the expendable endowment fund, and they remain content with the overall fund position. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“As at 28 February 2025 the charity’s total funds amounted to £2,931,288 (2024: £2,810,667) with free reserves in a deficit of £318,242 (2024 surplus: £17,693).” — page 5
“The charity has no employees, all administration being carried out by the trustees who were not remunerated nor received any benefit except for the fees noted above in the year under review or the comparative year.” — page 16
“During the year under review Ludlow Trust Company Limited charged the charity £11,409 (2024: £12,151) for administrative services with £1,674 (2024: £1,353) accrued at the balance sheet date. These fees are authorised under section 6 of the settlement deed.” — page 16
“During the year under review £130,898 (2024: £122,141) grants awarded to Crossflow Limited which one of the trustees is also a trustee of The Brindle Foundation.” — page 16
“During the year under review Ludlow Trust Company Limited charged the charity £11,409 (2024: £12,151) for administrative services with £1,674 (2024: £1,353) accrued at the balance sheet date. These fees are authorised under section 6 of the settlement deed.” — page 16
“During the year under review £130,898 (2024: £122,141) grants awarded to Crossflow Limited which one of the trustees is also a trustee of The Brindle Foundation.” — page 16
“During the year under review Ludlow Trust Company Limited charged the charity £11,409 (2024: £12,151) for administrative services with £1,674 (2024: £1,353) accrued at the balance sheet date. These fees are authorised under section 6 of the settlement deed.” — page 16
“During the year under review £130,898 (2024: £122,141) grants awarded to Crossflow Limited which one of the trustees is also a trustee of The Brindle Foundation.” — page 16
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- KATIE LOUISE CRESSY BRINDLE
- Ludlow Trust Company Ltd
- RICHARD DAVID HENRY BRINDLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £2.3m | £2.7m |
| 29/02/2024 | £2.4m | £2.4m |
| 28/02/2023 | £1.1m | £1.1m |
| 28/02/2022 | £779k | £800k |
| 28/02/2021 | £1.1m | £1.1m |
Common questions
Is The Brindle Foundation financially healthy?
The accounts state that the charity's total funds increased to £2,931,288, although the unrestricted income fund is in a deficit of £318,242. The trustees report that this deficit arises from the timing of liabilities and transfers from the expendable endowment fund, and they remain content with the overall fund position. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Blue Spire Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOLDHEART CHARITY LIMITED | 1 | £30k |
| THE EDGAR E LAWLEY FOUNDATION | 1 | £2k |