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PRAMA FOUNDATION

Registered charity 1174197 · accounts filings on the Charity Commission register

The Prama Foundation vision is to see 'a world where no-one is unfairly disadvantaged or excluded because of age or infirmity and where every person can enjoy life as they age'. In its work, and through subsidiaries, the Foundation provides tailored care to people at home, as well as promoting and supporting Communities For All Ages and activities that combat social isolation in older people.

Causes: Disability · The Prevention Or Relief Of Poverty · Recreation · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£4.0m
Latest spending
£4.1m
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the group reported a net operating deficit for the year, with consolidated unrestricted reserves decreasing from £882,846 to £725,749. The parent charity itself recorded a deficit of £6,666, reducing its unrestricted reserves to £33,156, which is below the trustee-set policy target of £30,000 for the foundation specifically (though the group target is £595,000). The trustees confirmed adequate resources for going concern, noting that the budget for the following year takes account of the difference between reserves held and the policy level.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £726k)
“The difference between reserves held and the level of reserves as set out in the reserves policy has been noted by trustees”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mr E Adamson is a trustee of Pramacare and is also a designated member of Lester Aldridge. During the year Pramacare paid £1,418 for professional legal services provided by Lester Aldridge. Mr E Adamson was not involved in the transactions, and these were at arm's length.
“Mr E Adamson is a trustee of Pramacare and is also a designated member of Lester Aldridge. During the year Pramacare paid £1,418 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
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: PramaTrade Limited, Prama Services Limited
“From 1st April 2018 any profits generated by the trading subsidiaries PramaTrade and Prama Services are gifted to the Prama Foundation.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 4 of 6 completeness components.

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.0m
Total spending
£4.1m
Cost of raising funds
£1.2m
Reserves (reported)
£726k
Employees
175

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (55% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 29.3% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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?

Per its FY2025 accounts: The accounts state that the group reported a net operating deficit for the year, with consolidated unrestricted reserves decreasing from £882,846 to £725,749. The parent charity itself recorded a deficit of £6,666, reducing its unrestricted reserves to £33,156, which is below the trustee-set policy target of £30,000 for the foundation specifically (though the group target is £595,000). The trustees confirmed adequate resources for going concern, noting that the budget for the following year takes account of the difference between reserves held and the policy level. Its FY2025 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

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

FunderYearAmountPurpose (as stated by the funder)
THE FRANCIS WINHAM FOUNDATIONFY2023£5k
THE FRANCIS WINHAM FOUNDATIONFY2022£5k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
AGE UK2£59.7m
THE TULA TRUST LIMITED2£12k
C B AND H H TAYLOR 1984 TRUST2£3k
VODAFONE FOUNDATION1—
THE MILLENNIUM OAK TRUST1—
THE MASTER CHARITABLE TRUST1£2.7m
THE JULIA RAUSING TRUST1£2.3m
Rothesay Foundation1£2.3m

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PRAMACARE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PRAMA FOUNDATION£4.0m—0below—no doubt
PRAMACARE FY2025£3.6m£70,000 - £79,999—unclear—no doubt
THE PA FOUNDATION FY2025£2.0m—0unclear—no doubt
THE PERMIRA FOUNDATION FY2025£4.6m——above—no doubt
THE RAINBOW FOUNDATION, WREXHAM FY2025£2.0m£60,001 - £70,000—within—no doubt
HELPAGE INTERNATIONAL FY2025£32.1m——within—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.