FARA FOUNDATION
FARA has worked with abandoned and vulnerable children and young people in Romania, many with disabilities, since 1991. It aims to transform their lives by providing family-style homes, recovery and training in four residential centres, social support to promote school attendance in six villages and, in four centres, special needs education and specialist child therapy.
Financial health, per its FY2025 accounts
The accounts state that the charity held £11.768m in unrestricted reserve funds at year-end, which the Trustees consider adequate to cover approximately six months of operating costs and grant obligations. The charity reported a net income surplus of £104,544 for the year, driven by retail income and investment gains, despite rising operational costs.
What the accounts disclose
“Based on this assessment, the trustees consider that an appropriate level of unrestricted funds is in the range of £10 million to £12 million” — page 17
“During the year Mrs J Nicholson, the founder and former trustee of FARA Foundation (Limited by Guarantee) received rent totalling £750 (2024: £1,800). The rent charged is below market rate.” — page 38
“During the year, FARA Enterprises Limited made a distribution under Gift Aid of their trading profits amounting to £1,413,618 (2024: £1,699,341).” — page 38
“During the year Mrs J Nicholson, the founder and former trustee of FARA Foundation (Limited by Guarantee) received rent totalling £750 (2024: £1,800). The rent charged is below market rate.” — page 38
“During the year, FARA Enterprises Limited made a distribution under Gift Aid of their trading profits amounting to £1,413,618 (2024: £1,699,341).” — page 38
“During the year Mrs J Nicholson, the founder and former trustee of FARA Foundation (Limited by Guarantee) received rent totalling £750 (2024: £1,800). The rent charged is below market rate.” — page 38
“During the year, FARA Enterprises Limited made a distribution under Gift Aid of their trading profits amounting to £1,413,618 (2024: £1,699,341).” — page 38
“The Charity owns 100% of the 5,000 (2024: 5,000) issued ordinary shares of FARA Enterprises Limited” — page 33
Corporate structure
- Registered company of the charity Companies House 07432706
Leadership, per the charity’s website
- Libby Gordon — CEO
- Jane Nicholson — Founder
Company officers (Companies House)
- BONNER, Michelle Elizabeth on trustee list
- BRAUN, Susan Dorothy Margaret on trustee list
- GUNARATNAM, Paul Jeyanathan on trustee list
- BENDELL, Karen on trustee list
- JOHNSON, Yik Siew ( Hannah), Dr on trustee list
- DAVIDSON, Robert on trustee list
- MIDDLETON, Elizabeth Hannah Austen on trustee list
- CHALK, Richard Hugh Charles on trustee list
- CROSS, Siobhan Geraldine on trustee list
- DAWSON, Lucinda Jane on trustee list
- PHELAN, Raphael Anthony
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (10/10/2023)
Trustees
- Siobhan Geraldine Crosschair
- Dr Yik Siew Hannah Johnson
- Elizabeth Hannah Austin Middleton
- Karen Bendell
- Lucinda Jane Dawson
- Michelle Elizabeth Bonner
- Paul Jeyanathan Gunaratnam
- Richard Hugh Charles Chalk
- Robert Davidson
- Susan Braun
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £12.6m | £13.1m |
| 31/12/2024 | £12.5m | £12.8m |
| 31/12/2023 | £12.7m | £12.2m |
| 31/12/2022 | £12.1m | £11.0m |
| 31/12/2021 | £9.6m | £9.9m |
Common questions
Is FARA FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held £11.768m in unrestricted reserve funds at year-end, which the Trustees consider adequate to cover approximately six months of operating costs and grant obligations. The charity reported a net income surplus of £104,544 for the year, driven by retail income and investment gains, despite rising operational costs. Its FY2025 accounts were audited by Rothmans Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £168k |
| THE BARROW CADBURY TRUST | 1 | £40k |
Charities like this
- THE FARRER TRUST
- Farraday House Limited
- FAST UK
- THE FARRINGDON HOUSE SCHOOL CHARITABLE TRUST
- Freedom Angels Romania
- THE FARDAD FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FARA FOUNDATION | £12.6m | — | — | unclear | — | no doubt |
| THE FARRER TRUST | £238k | — | 0 | unclear | — | no doubt |
| Farraday House Limited | £539k | — | 0 | above | — | no doubt |
| FAST UK | £103k | — | 0 | unclear | — | no doubt |
| THE FARRINGDON HOUSE SCHOOL CHARITABLE TRUST | £96k | — | 0 | unclear | — | no doubt |
| Freedom Angels Romania | £123k | — | 0 | unclear | — | no doubt |