COLOURFUL LIFE FOUNDATION
The Foundation provides education and health projects in the developing world, either directly or via providing grants to other charitable organisations.The Foundation works closely with the community to ensure that investments are wisely made with positive long term impacts. The Foundation uses a network of local Ambassadors to deliver on its projects.
Financial health, per its FY2025 accounts
The accounts state that the trustees have decided to close the charity and cease charitable activities post-year-end, resulting in the accounts being prepared on a basis other than going concern. The charity held unrestricted reserves of £59,146 at the end of the financial year, having generated a net surplus of £31,465 from £162,500 in donations.
What the accounts disclose
“The surplus reserves held by the Charity at 31 March 2025 were £59,146 (2024 - £27,681).” — page 7
Trustees
- ANDREW MCQUILLAN
- Steve Bennett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £163k | £131k |
| 31/03/2024 | £105k | £93k |
| 31/03/2023 | £38k | £83k |
| 31/03/2022 | £107k | £102k |
| 31/03/2021 | £91k | £102k |
Common questions
Is COLOURFUL LIFE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the trustees have decided to close the charity and cease charitable activities post-year-end, resulting in the accounts being prepared on a basis other than going concern. The charity held unrestricted reserves of £59,146 at the end of the financial year, having generated a net surplus of £31,465 from £162,500 in donations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROSELINE FOUNDATION | 1 | £1.0m |
| THE VARDY FOUNDATION | 1 | £615k |
| CRODA FOUNDATION | 1 | £399k |
| THE HARRISON FOUNDATION | 1 | £228k |
| UBS UK Donor-Advised Foundation | 1 | £173k |
| Point North Community Foundation | 1 | £157k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
Charities like this
- FOUNDATION OF LIGHT
- EDUCATIONAL OPPORTUNITY FOUNDATION
- THE CHARITABLE FOUNDATION FOR EDUCATION DEVELOPMENT
- THE COSARAF CHARITABLE FOUNDATION
- ESHARELIFE FOUNDATION
- THE POINT FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COLOURFUL LIFE FOUNDATION | £163k | — | 0 | unclear | — | no doubt |
| FOUNDATION OF LIGHT | £5.6m | — | — | above | — | no doubt |
| EDUCATIONAL OPPORTUNITY FOUNDATION | £639k | — | 0 | unclear | — | no doubt |
| THE CHARITABLE FOUNDATION FOR EDUCATION DEVELOPMENT | £259k | — | 0 | unclear | — | no doubt |
| THE COSARAF CHARITABLE FOUNDATION | £457k | — | 0 | unclear | — | no doubt |
| ESHARELIFE FOUNDATION | £171k | — | 0 | unclear | — | no doubt |