THE BRAUNSTONE FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net movement in funds of £76,920 for the year ended 31 March 2023, a significant decrease from the previous year's surplus of £1,577,081, primarily due to an actuarial loss of £67,000 on its pension scheme. The trustees report that unrestricted reserves stood at £3,932,257, which they describe as looking 'very healthy' against an estimated annual cost of £600,000, although they note the liquidity of these reserves is affected by the holding of significant property assets. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- TIMOTHY JOHN MORTONchair
- Ali Waqas Syed
- Edward Rodgers
- Emma Louise Southern
- Geoffrey Stagg
- Henry Thompson
- Michael Moreton
- Millicent Emily Gant
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.9m | £2.2m |
| 31/03/2024 | £2.1m | £2.1m |
| 31/03/2023 | £1.8m | £1.9m |
| 31/03/2022 | £1.7m | £1.8m |
| 31/03/2021 | £1.8m | £1.6m |
Common questions
Is THE BRAUNSTONE FOUNDATION financially healthy?
The accounts state that the charity reported a net movement in funds of £76,920 for the year ended 31 March 2023, a significant decrease from the previous year's surplus of £1,577,081, primarily due to an actuarial loss of £67,000 on its pension scheme. The trustees report that unrestricted reserves stood at £3,932,257, which they describe as looking 'very healthy' against an estimated annual cost of £600,000, although they note the liquidity of these reserves is affected by the holding of significant property assets. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2023 accounts were audited by Mayfield & Co..