SPACE FOR GIANTS
Financial health, per its FY2023 accounts
The accounts state that the charity realized an operational deficit of £3.38m for the year ended 31 December 2023, resulting in total funds of £7.1m. The trustees confirm that the charity remains a going concern, citing strong donor relationships and a pipeline of secured funding, despite noting that the low level of free reserves poses challenges to financial sustainability.
What the accounts disclose
“The charity’s reserves policy aims to maintain free reserves equivalent to three months’ operational expenditure” — page 14
“During the year, £58,000 (2022 - £NIL) was paid to Tom Brunner (Trustee) in relation to consultancy work undertaken for the Carbon project.” — page 55
“During the year, the Charity received £737,236 (2022 - £7,937,177) donations from Space for Giants USA, Inc.” — page 55
“During the year, £58,000 (2022 - £NIL) was paid to Tom Brunner (Trustee) in relation to consultancy work undertaken for the Carbon project.” — page 55
“During the year, the Charity received £737,236 (2022 - £7,937,177) donations from Space for Giants USA, Inc.” — page 55
“During the year, £58,000 (2022 - £NIL) was paid to Tom Brunner (Trustee) in relation to consultancy work undertaken for the Carbon project.” — page 55
“During the year, the Charity received £737,236 (2022 - £7,937,177) donations from Space for Giants USA, Inc.” — page 55
“During the year, £58,000 (2022 - £NIL) was paid to Tom Brunner (Trustee) in relation to consultancy work undertaken for the Carbon project.” — page 55
“The financial statements of Suyian Ranch Limited (company registrated in Kenya with registration number C.3/2012), a 100% owned subsidiary, are summarised below have been included in the group consolidated financial statements” — page 58
Leadership, per the charity’s website
- Dr Max Graham — Founder & CEO
- Oliver Poole — Executive Director
- Bilal Yusuf — Chief Operating and Finance Officer
- Maurice Schutgens — Managing Director of Conservation
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- MICHAEL ANDREW COUNT MA, CFAchair
- PETER JAMES BACCHUS
- Sarah Lousie Woodhead Bacon
- THOMAS PETER WILLIAM BRUNNER
- Zacharias Frank Goldsmith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £6.1m | £6.3m |
| 31/12/2023 | £2.7m | £6.1m |
| 31/12/2022 | £14.7m | £5.3m |
| 31/12/2021 | £3.4m | £3.1m |
| 31/12/2020 | £2.5m | £2.7m |
Common questions
Is SPACE FOR GIANTS financially healthy?
The accounts state that the charity realized an operational deficit of £3.38m for the year ended 31 December 2023, resulting in total funds of £7.1m. The trustees confirm that the charity remains a going concern, citing strong donor relationships and a pipeline of secured funding, despite noting that the low level of free reserves poses challenges to financial sustainability. Its FY2023 accounts were audited by MHA.
Who funds SPACE FOR GIANTS?
Funders whose own accounts filings name SPACE FOR GIANTS as a grant recipient include BACON FOUNDATION LTD.
Known funders
| Funder | Year | Amount |
|---|---|---|
| BACON FOUNDATION LTD | FY2025 | £13k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GARFIELD WESTON FOUNDATION | 2 | £450k |
| THE DRW FOUNDATION | 2 | £189k |
| THE ICTHIUS CHARITABLE TRUST | 2 | £46k |
| PEACOCK CHARITABLE TRUST | 2 | £21k |
| CECIL PILKINGTON CHARITABLE TRUST | 2 | £18k |
| MARJORIE COOTE ANIMAL CHARITY TRUST | 2 | £9k |
| THE THOMAS RAWCLIFFE CHARITABLE TRUST | 2 | £5k |
| THE A AND R WOOLF CHARITABLE TRUST | 2 | £2k |