THE BRIGHTSIDE TRUST
Brightside is an education charity. We create, develop and manage online mentoring projects,and other online tools and resources, to connect, inform and inspire more young people toachieve their full potential through education.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £235,189 for the year ended 31 March 2025, driven by an 11.5% decrease in income to £753,361 against expenditure of £998,775. Despite this deficit, the trustees confirm that unrestricted reserves of £840,111 remain above their policy target of six to nine months' expenditure, and forecasts indicate significant headroom to operate for the next 12 months. The charity has no borrowings and maintains adequate resources to continue as a going concern.
What the accounts disclose
“One employee received remuneration amounting to more than £60,000 (two employees in 2024) with one in the bracket of £70,001 - £80,000 (2024 – two employees in the bracket of £60,001 - £70,000).” — page 31
“One employee received remuneration amounting to more than £60,000 (two employees in 2024) with one in the bracket of £70,001 - £80,000 (2024 – two employees in the bracket of £60,001 - £70,000).” — page 31
“It is the policy of the charity to maintain unrestricted reserves at a level which equates to between six- and nine-months’ expenditure.” — page 14
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (18/06/2015)
- Received assets from another charity (18/06/2015)
Trustees
- Oliver Bormchair
- Christopher Paul Goodwill
- Dr Andrew Ross
- Gordon Montgomery
- Jade Azim
- Natasha Lucas
- Sarah Dauncey
- Stephen Lancaster
- Tayyeb Shah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £753k | £999k |
| 31/03/2024 | £852k | £1.1m |
| 31/03/2023 | £804k | £1.2m |
| 31/03/2022 | £1.1m | £1.2m |
| 31/03/2021 | £1.0m | £3.2m |
Common questions
Is THE BRIGHTSIDE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £235,189 for the year ended 31 March 2025, driven by an 11.5% decrease in income to £753,361 against expenditure of £998,775. Despite this deficit, the trustees confirm that unrestricted reserves of £840,111 remain above their policy target of six to nine months' expenditure, and forecasts indicate significant headroom to operate for the next 12 months. The charity has no borrowings and maintains adequate resources to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of THE BRIGHTSIDE TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 28/03/2023 | £7k | Aviation Sector Insight Mentoring |