THE BUDDY BAG FOUNDATION
The Buddy Bag Foundation provides relief of material hardship and need amongst children, young people and parents who are fleeing domestic abuse for the public benefit in England and Wales, primarily, but not exclusively, by providing items of basic necessity and comfort.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £376,930, which exceeds its stated policy target of £225,000. The trustees confirm the charity is in an excellent financial situation with sufficient cash to finance ongoing supplies of buddy bags.
What the accounts disclose
“Expenditure on raising funds totalled £34,576 (2023: £33,221).” — page 25
“The Trustees have agreed to aim for Unrestricted reserves of £225,000” — page 26
“Karen Williams OBE (Trustee) and Chris Williams (Advisory Board Member) are the parents of Harry Williams (Trustee).” — page 28
“on 8 June 2018 the Trustees incorporated The Buddy Bag Ltd as a wholly owned subsidiary company limited by shares incorporated in England and Wales.” — page 28
Trustees
- ARVINDER Khanna
- Dave Tyrell
- Ella Fitzpatrick
- HARRY EDWARD WILLIAMS
- KAREN STEPHANIE WILLIAMS
- Katheryn Walker-Stack
- Neil Rogers
- Patrice Coughlin Ingram Gettins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £332k | £160k |
| 31/12/2023 | £298k | £279k |
| 31/12/2022 | £308k | £258k |
| 31/12/2021 | £196k | £215k |
| 31/12/2020 | £202k | £147k |
Common questions
Is THE BUDDY BAG FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £376,930, which exceeds its stated policy target of £225,000. The trustees confirm the charity is in an excellent financial situation with sufficient cash to finance ongoing supplies of buddy bags. Its FY2024 accounts were independently examined.
Who funds THE BUDDY BAG FOUNDATION?
Funders whose own accounts filings name THE BUDDY BAG FOUNDATION as a grant recipient include THE E H SMITH CHARITABLE TRUST, WARWICKSHIRE FREEMASONS' CHARITABLE FOUNDATION, THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED, THE EAST LANCASHIRE MASONIC CHARITY, THE OWEN JENKINS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE E H SMITH CHARITABLE TRUST | FY2022 | £10k | |
| WARWICKSHIRE FREEMASONS' CHARITABLE FOUNDATION | FY2025 | £4k | |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | FY2024 | £3k | |
| THE EAST LANCASHIRE MASONIC CHARITY | FY2024 | £2k | To cover the cost of filling 180 back packs |
| THE OWEN JENKINS TRUST | FY2024 | £2k | |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2022 | £2k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. FAITH AND ST. LAURENCE HARBORNE | FY2024 | £1k | Charitable donation |
| THE OWEN JENKINS TRUST | FY2025 | £0 |