ASOS FOUNDATION
The ASOS Foundation creates opportunities that enable disadvantaged young people to reach their potential. The ASOS Foundation provides inspiration, education, support, infrastructure and training to enable socially or economically disadvantaged young people to overcome barriers and progress towards economic independence. Our work is focussed in three geographical areas: The UK, India and Kenya.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with unrestricted funds of £209,157, a significant improvement from the previous year's deficit. The trustees report that the charity met its commitments as they fell due, supported by its funding profile and reserves, despite a decline in donations from its principal funder. The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Jose Antonio Ramos Calamonte, a trustee of the Foundation, was also a Director at ASOS.com Limited within the year ended 31 August 2025. During the Financial year, ASOS.com Limited donated £171,710 (2024: £441,969) to the Foundation.” — page 26
“Nick Robertson, through the UK payroll scheme Give As You Earn, donated £55,908 to the Foundation during the year ended 31 August 2025 (2024: £53,803).” — page 26
“Jose Antonio Ramos Calamonte, a trustee of the Foundation, was also a Director at ASOS.com Limited within the year ended 31 August 2025. During the Financial year, ASOS.com Limited donated £171,710 (2024: £441,969) to the Foundation.” — page 26
“Nick Robertson, through the UK payroll scheme Give As You Earn, donated £55,908 to the Foundation during the year ended 31 August 2025 (2024: £53,803).” — page 26
Year-over-year changes
- Employees paid over £60,000: 1 (FY2024) → 0 (FY2025).
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Benjamin Swart
- Jose Antonio Ramos Calamonte
- Lucy Shepherd
- NICHOLAS ROBERTSON OBE
- Vanessa Spence
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £931k | £634k |
| 31/08/2024 | £1.2m | £1.3m |
| 31/08/2023 | £1.4m | £1.2m |
| 31/08/2022 | £1.2m | £1.0m |
| 31/08/2021 | £508k | £1.9m |
Common questions
Is ASOS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted funds of £209,157, a significant improvement from the previous year's deficit. The trustees report that the charity met its commitments as they fell due, supported by its funding profile and reserves, despite a decline in donations from its principal funder. The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GRANT THORNTON FOUNDATION | 1 | — |
| THE HAINSFORD CHARITABLE FOUNDATION | 1 | — |
| THE PWC FOUNDATION | 1 | £277k |
| THE DULVERTON TRUST | 1 | £120k |
| OVE ARUP PARTNERSHIP CHARITABLE TRUST | 1 | £92k |
| THE PA FOUNDATION | 1 | £75k |
| GEFEN FOUNDATION | 1 | £73k |
| MW (CL) FOUNDATION | 1 | £70k |
Charities like this
- SAO FOUNDATION
- THE ASFARI FOUNDATION
- PS FOUNDATION
- THE FRIENDS OF ASOS CHESED
- RIO FERDINAND FOUNDATION
- THE SOCIAL MOBILITY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ASOS FOUNDATION | £931k | — | 0 | unclear | — | no doubt |
| SAO FOUNDATION | £812k | — | 0 | unclear | — | no doubt |
| THE ASFARI FOUNDATION | £4.2m | — | — | unclear | — | no doubt |
| PS FOUNDATION | £560k | — | 0 | unclear | — | no doubt |
| THE FRIENDS OF ASOS CHESED | £285k | — | 0 | unclear | — | noted |
| RIO FERDINAND FOUNDATION | £1.3m | £70,001 - £80,000 | 1 | unclear | — | no doubt |