PRAMA FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the group reported a net income of £222,948 for the year ended 31 March 2024, with total income of £4,275,065 against total expenditure of £4,066,866. The group holds unrestricted and undesignated funds of £882,846, which the trustees note is above the policy target for the group as a whole, although the parent charity's specific reserves are below its individual policy target.
What the accounts disclose
“Mr E Adamson is a trustee of Pramacare and is also a designated member of Lester Aldridge. During the year Pramacare paid £4,208 for professional legal services provided by Lester Aldridge. Mr E Adamson was not involved in the transactions, and these were at arm’s length.” — page 33
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- David Cawderychair
- Ann Christine Tyndall
- CAROLA CLAIRE CAMPBELL
- Jacqui Rock
- Rev Maureen Sheila Pearl Willis
- Rev Peter David Homden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.0m | £4.1m |
| 31/03/2024 | £4.3m | £4.1m |
| 31/03/2023 | £3.7m | £3.9m |
| 31/03/2022 | £4.2m | £4.0m |
| 31/03/2021 | £4.2m | £4.0m |
Common questions
Is PRAMA FOUNDATION financially healthy?
The accounts state that the group reported a net income of £222,948 for the year ended 31 March 2024, with total income of £4,275,065 against total expenditure of £4,066,866. The group holds unrestricted and undesignated funds of £882,846, which the trustees note is above the policy target for the group as a whole, although the parent charity's specific reserves are below its individual policy target. Its FY2024 accounts were audited by Saffery LLP.
Who funds PRAMA FOUNDATION?
Funders whose own accounts filings name PRAMA FOUNDATION as a grant recipient include THE FRANCIS WINHAM FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE FRANCIS WINHAM FOUNDATION | FY2023 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AGE UK | 2 | £59.7m |
| THE TULA TRUST LIMITED | 2 | £7k |
| VODAFONE FOUNDATION | 1 | — |
| THE MASTER CHARITABLE TRUST | 1 | £2.7m |
| Rothesay Foundation | 1 | £2.3m |
| DEVELOPMENTS IN LITERACY UK (UK) | 1 | £250k |
| THE PENNIES FOUNDATION | 1 | £153k |
| Sussex Community NHS Charity | 1 | £135k |