BURNIE'S FOUNDATION
Latest income
£127k
Latest spending
£160k
Registered
2016
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £754,953, representing a net surplus for the year. The charity's reserves policy aims to maintain unrestricted funds at a level sufficient to continue activities during significant funding drops, a target the current reserves appear to satisfy given the surplus and asset base.
What the accounts disclose
Reserves policy: maintained at a level to ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised (held: £755k)
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level to ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from founding member (including gift aid)
“During the year the Charity received donations including gift aid from Trustees amounting to £392,500 (2023: £56,250).” — page 16
“During the year grants totaling £64,882 (2023: £61,411) were made to Last Hope Sanctuary in Mallorca, Spain. A trustee of the Charity is a director and member of this association.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Last Hope Sanctuary
“During the year the Charity received donations including gift aid from Trustees amounting to £392,500 (2023: £56,250).” — page 16
“During the year grants totaling £64,882 (2023: £61,411) were made to Last Hope Sanctuary in Mallorca, Spain. A trustee of the Charity is a director and member of this association.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses owed
“During the year the Charity received donations including gift aid from Trustees amounting to £392,500 (2023: £56,250).” — page 16
“During the year grants totaling £64,882 (2023: £61,411) were made to Last Hope Sanctuary in Mallorca, Spain. A trustee of the Charity is a director and member of this association.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- RICHARD THOBURNchair
- BETHANN MARIE SELLS
- KENNETH WILLIAM TONKIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £127k | £160k |
| 31/05/2024 | £395k | £240k |
| 31/05/2023 | £62k | £127k |
| 31/05/2022 | £88k | £165k |
| 31/05/2021 | £81k | £130k |
Common questions
Is BURNIE'S FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £754,953, representing a net surplus for the year. The charity's reserves policy aims to maintain unrestricted funds at a level sufficient to continue activities during significant funding drops, a target the current reserves appear to satisfy given the surplus and asset base. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITTEN FOUNDATION | 1 | £30k |
| THE PAUL JENNINGS AND JEANETTE DUNN CHARITABLE FOUNDATION | 1 | £13k |
| THE WORSHIPFUL COMPANY OF ACTUARIES CHARITY | 1 | £10k |
| SYLVANUS CHARITABLE TRUST | 1 | £5k |
| OLSEN ANIMAL TRUST | 1 | £4k |
| THE A AND R WOOLF CHARITABLE TRUST | 1 | £1k |
| R G HILLS CHARITABLE TRUST | 1 | £1k |