BC Partners Foundation
Latest income
£441k
Latest spending
£606k
Registered
2010
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £139,355 against total net assets of £522,736. The trustees report a healthy cash balance and note that BC Partners LLP intends to continue supporting the Foundation, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
Reserves policy: aims to distribute these funds on a timely basis (held: £139k)
“All funds received by the charity are for the sole purpose of charitable activities. The BC Partners Foundation aims to distribute these funds on a timely basis in order to achieve charitable objectives.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: BC Partners LLP provided finance function support to the Foundation during the year. The value of this support could not be quantified and was not included as a gift in kind.
“During the year, the Foundation was provided with finance function support by BC Partners LLP. It is not possible to quantify the value of the support received over the year, so this has not been included as a gift in kind.” — page 16
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2022)
Total income
£614k
Total spending
£691k
Reserves (reported)
£0
Employees
0
Trustees
- Andrew Devine
- Cedric Dubourdieu
- Marco Castelli
- Matthew George Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £441k | £606k |
| 31/12/2023 | £377k | £363k |
| 31/12/2022 | £614k | £691k |
| 31/12/2021 | £444k | £387k |
| 31/12/2020 | £397k | £440k |
Common questions
Is BC Partners Foundation financially healthy?
The accounts state that unrestricted reserves stood at £139,355 against total net assets of £522,736. The trustees report a healthy cash balance and note that BC Partners LLP intends to continue supporting the Foundation, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Forvis Mazars LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRIDGE HOUSE ESTATES | 1 | £1.5m |
| Rights and Security International | 1 | £50k |
| KENTISH TOWN IMPROVEMENT FUND | 1 | £0 |