THE SCREWFIX FOUNDATION
The Screwfix Foundation supports various local charities and not for profit organisations which operate throughout the UK and Republic of Ireland. All request for grants are formally vetted and rated against a strict scoring criteria to ensure all supporting charities meet The Screwfix Foundations objectives.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £198,947 for the year ended 31 January 2025, resulting in total reserves falling to £618,289. The trustees maintain a reserves policy requiring unrestricted funds of at least £5,000, a target which is comfortably exceeded by the current unrestricted balance of £559,979. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Donations from Kingfisher PLC 93,241” — page 17
“They have established a policy whereby the unrestricted funds of the Charity should be at least £5,000 to ensure any one off or unforeseen costs can be settled.” — page 7
“A donation was received during the year of £93,241 from Kingfisher PLC, the ultimate holding company of Screwfix Direct Limited.” — page 18
“The overhead cost of the Foundation Manager is funded by Screwfix Direct Limited.” — page 18
“A donation was received during the year of £93,241 from Kingfisher PLC, the ultimate holding company of Screwfix Direct Limited.” — page 18
“The overhead cost of the Foundation Manager is funded by Screwfix Direct Limited.” — page 18
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Andrew Barnes
- Elizabeth Bell
- JONATHAN MARK MEWETT
- Kenneth Comber
- Lyndsey Taylor
- Nicholas Boyd
- Philip Barr
- Scott Andrew Parsons
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £1.7m | £1.9m |
| 31/01/2024 | £2.2m | £1.9m |
| 31/01/2023 | £1.8m | £1.9m |
| 31/01/2022 | £2.3m | £2.2m |
| 31/01/2021 | £2.0m | £2.0m |
Common questions
Is THE SCREWFIX FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £198,947 for the year ended 31 January 2025, resulting in total reserves falling to £618,289. The trustees maintain a reserves policy requiring unrestricted funds of at least £5,000, a target which is comfortably exceeded by the current unrestricted balance of £559,979. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by ML Audit LLP.
Who funds THE SCREWFIX FOUNDATION?
Funders whose own accounts filings name THE SCREWFIX FOUNDATION as a grant recipient include THE PENNIES FOUNDATION, UNSEEN (UK), CEREBRAL PALSY PLUS, DOGS FOR AUTISM.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PENNIES FOUNDATION | FY2021 | £1.1m | Grant to institution |
| THE PENNIES FOUNDATION | FY2024 | £588k | |
| UNSEEN (UK) | FY2025 | £26k | General |
| THE PENNIES FOUNDATION | FY2022 | £6k | |
| CEREBRAL PALSY PLUS | FY2023 | £5k | |
| DOGS FOR AUTISM | FY2025 | £5k | Restricted fund transfer/expenditure |
| THE PENNIES FOUNDATION | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NEIGHBOURLY FOUNDATION | 1 | £1.6m |
| THE AMATEURS TRUST | 1 | £115k |
| NFL FOUNDATION UK | 1 | £12k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £10k |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £5k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £5k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £4k |
Charities like this
- BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION
- THE AUGER FOUNDATION
- B&Q Foundation
- FOUX FOUNDATION
- Salford City FC Foundation
- THE GEOFF & FIONA SQUIRE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SCREWFIX FOUNDATION | £1.7m | — | 0 | unclear | — | no doubt |
| BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION | £5.3m | Over £60,000 | 1 | unclear | 5.3% | no doubt |
| THE AUGER FOUNDATION | £223k | — | 0 | unclear | — | no doubt |
| B&Q Foundation | £2.8m | — | 0 | unclear | — | no doubt |
| FOUX FOUNDATION | £200k | — | 0 | unclear | — | no doubt |
| Salford City FC Foundation | £1.7m | £60,001 - £70,000 | 1 | unclear | — | no doubt |