THOMAS'S FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that total expenditure exceeded income by £404,935, resulting in a net decrease in funds. The charity holds unrestricted reserves of £651,061, which the trustees monitor to ensure sufficient coverage for anticipated expenditure. Despite the deficit, the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Board monitors the balance sheet to ensure there are sufficient reserves to cover anticipated expenditure over a sensible time frame.” — page 9
Structured financials (annual return, FY ending 31/08/2024)
Register events
- Received assets from another charity (14/09/2019)
- Received assets from another charity (14/09/2019)
Trustees
- BENJAMIN VICTOR ROBERT THOMASchair
- Amanda Mackenzie
- Bunmi Richards
- Charlotte Castle
- Chris Benson
- Rosalind Gravatt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £497k | £820k |
| 31/08/2024 | £529k | £934k |
| 31/08/2023 | £1.1m | £926k |
| 31/08/2022 | £938k | £625k |
| 31/08/2021 | £549k | £551k |
Common questions
Is THOMAS'S FOUNDATION financially healthy?
The accounts state that total expenditure exceeded income by £404,935, resulting in a net decrease in funds. The charity holds unrestricted reserves of £651,061, which the trustees monitor to ensure sufficient coverage for anticipated expenditure. Despite the deficit, the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Goldwins Limited.
Who funds THOMAS'S FOUNDATION?
Funders whose own accounts filings name THOMAS'S FOUNDATION as a grant recipient include The Caring Family Foundation, THE OLDHURST TRUST, BC Partners Foundation.
Known funders
| Funder | Year | Amount |
|---|---|---|
| The Caring Family Foundation | FY2023 | £100k |
| The Caring Family Foundation | FY2022 | £100k |
| THE OLDHURST TRUST | FY2023 | £5k |
| BC Partners Foundation | FY2023 | £2k |
| THE OLDHURST TRUST | FY2025 | £0 |
| THE OLDHURST TRUST | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BOOST CHARITABLE TRUST | 1 | — |
| CLEAN AIR FUND | 1 | £1.5m |
| THOMAS HOWELL'S TRUST | 1 | £912k |
| THE ALTENBURG FOUNDATION | 1 | £84k |
| THE STORY OF CHRISTMAS | 1 | £30k |
| THE LOWER GREEN FOUNDATION | 1 | £30k |
| THE HARGREAVES FOUNDATION | 1 | £24k |
| THE ROAN CHARITABLE TRUST | 1 | £21k |