Charity Accounts Intelreading the accounts so you don’t have to

BFI TRUST

Registered charity 1140833 · accounts filings on the Charity Commission register

Latest income
£2.0m
Latest spending
£1.8m
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an operating deficit of £807,300 for the year ended 31 March 2024, resulting in a decrease in total unrestricted reserves to £57,502,071. Despite the deficit, the charity maintains free reserves (net unrestricted current assets) of £3,592,071 and holds significant fixed assets valued at £53,910,000. The trustees confirm the charity has adequate resources to continue operating for the foreseeable future on a going concern basis.

What the accounts disclose

Reserves policy: a level of unrestricted funds as free reserves to contribute towards anticipated costs for the coming year, working capital requirements and to respond to project opportunities (held: £57.5m)
“It is the policy of the Trust to maintain a level of unrestricted funds as free reserves. These provide funds to contribute towards anticipated costs for the coming year, working capital requirements and to respond to project opportunities.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Brebners.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.0m
Total spending
£1.8m
Cost of raising funds
£37k
Reserves (reported)
£4.0m
Employees
0

Reported reserves equal ~25.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.0m£1.8m
31/03/2024£2.1m£1.7m
31/03/2023£1.9m£10.0m
31/03/2022£1.8m£1.9m
31/03/2021£1.9m£2.2m

Common questions

Is BFI TRUST financially healthy?

The accounts state that the charity reported an operating deficit of £807,300 for the year ended 31 March 2024, resulting in a decrease in total unrestricted reserves to £57,502,071. Despite the deficit, the charity maintains free reserves (net unrestricted current assets) of £3,592,071 and holds significant fixed assets valued at £53,910,000. The trustees confirm the charity has adequate resources to continue operating for the foreseeable future on a going concern basis. Its FY2024 accounts were audited by Brebners.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE NGT FOUNDATION1£6.7m
THE MASTER CHARITABLE TRUST1£5.3m
THE ROTHSCHILD FOUNDATION1£980k
UGGLA FAMILY FOUNDATION1£542k
REUBEN FOUNDATION1£526k
THE THOMPSON FAMILY CHARITABLE TRUST1£135k
THE CORDON CHARITABLE TRUST1£108k
S P LOHIA FOUNDATION1£90k

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