THE BUDDY BAG FOUNDATION

Registered charity 1164916 · accounts filings on the Charity Commission register

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.

Causes: The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£332k
Latest spending
£160k
Registered
2015
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 10.4% of fundraised income, as disclosed
“Expenditure on raising funds totalled £34,576 (2023: £33,221).” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £225,000 (held: £377k)
“The Trustees have agreed to aim for Unrestricted reserves of £225,000” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Karen Williams OBE (Trustee) and Chris Williams (Advisory Board Member) are the parents of Harry Williams (Trustee).
“Karen Williams OBE (Trustee) and Chris Williams (Advisory Board Member) are the parents of Harry Williams (Trustee).” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: The Buddy Bag Ltd
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Buddy Bag Foundation (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Jersey · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.