Charity Accounts Intelreading the accounts so you don’t have to

BSSN FOUNDATION

Registered charity 1176706 · accounts filings on the Charity Commission register

Building spiritual and social support networks (BSSN)

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£34k
Latest spending
£31k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £2,779 for the year ended 31 December 2024, resulting in total net assets of £6,959. The trustees maintain a reserve policy equivalent to three months of unrestricted expenditure, though the current unrestricted funds are negative at the start of the period before the surplus is applied. The independent examiner confirmed that proper accounts records were kept and no matters requiring attention were identified during the examination.

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

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £7k)
“It is the policy of the charity to maintain unrestricted funds. These are the reserves of the organisation and equivalent to 3 months of unrestricted expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£34k£31k
31/12/2023£50k£61k
31/12/2022£53k£37k
31/12/2021£45k£39k
31/12/2020£10k£5k

Common questions

Is BSSN FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £2,779 for the year ended 31 December 2024, resulting in total net assets of £6,959. The trustees maintain a reserve policy equivalent to three months of unrestricted expenditure, though the current unrestricted funds are negative at the start of the period before the surplus is applied. The independent examiner confirmed that proper accounts records were kept and no matters requiring attention were identified during the examination. Its FY2024 accounts were independently examined.