Paper Foundation
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net income surplus of £28,452 for the year, with total unrestricted reserves increasing to £84,565. However, the balance sheet indicates net current liabilities of £23,711, and the trustees note that the going concern basis relies on commitments from significant benefactors to support operations until the charity can generate a surplus.
What the accounts disclose
“The charity has a number of significant benefactors who are supporting the development of the charity's objectives. They have committed to ensuring that the charity can continue to operate during this development phase and until it can generate a surplus. Therefore, the trustees have prepared the accounts on a going concern basis.”
Trustees
- MARK CROPPERchair
- Anna Sophia Catherine Schneideman
- Attosa Cropper
- Edward William George Bayntun-Coward DL
- JAMES SHARP
- PATRICK WILLINK
- PENELOPE ANN HYLTON ELLIOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £249k | £243k |
| 31/12/2023 | £267k | £145k |
| 31/12/2022 | £134k | £106k |
| 31/12/2021 | £54k | £46k |
| 31/12/2020 | £50k | £77k |
Common questions
Is Paper Foundation financially healthy?
The accounts state that the charity reported a net income surplus of £28,452 for the year, with total unrestricted reserves increasing to £84,565. However, the balance sheet indicates net current liabilities of £23,711, and the trustees note that the going concern basis relies on commitments from significant benefactors to support operations until the charity can generate a surplus. Its FY2022 accounts were independently examined.
Who funds Paper Foundation?
Funders whose own accounts filings name Paper Foundation as a grant recipient include THE GOLSONCOTT FOUNDATION, THE ROTHERMERE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE GOLSONCOTT FOUNDATION | FY2023 | £1k |
| THE ROTHERMERE FOUNDATION | FY2023 | £800 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NFL FOUNDATION UK | 1 | £12k |