FAROS FOUNDATION

Registered charity 1183233 · accounts filings on the Charity Commission register

The objects of the charity are, for the public benefit, to advance education, research and training in particular, but not limited to, in relation to the nature and uses of open source data and data management in the fields of security and public policy.

Objects

THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT, TO ADVANCE EDUCATION, RESEARCH AND TRAINING IN PARTICULAR, BUT NOT LIMITED TO, IN RELATION TO THE NATURE AND USES OF OPEN SOURCE DATA AND DATA MANAGEMENT IN THE FIELDS OF SECURITY AND PUBLIC POLICY.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income

£34k

Latest spending

£63k

Registered

2019

Accounts read

FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity reported a deficit of £29,090 for the year ended 28 February 2026, resulting in unrestricted funds falling to a negative balance of £680. Despite this negative reserve position, the trustees confirmed the financial statements were prepared on a going concern basis due to full financial support from the member, Ridgeway Information Ltd.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 0.0% of fundraised income, as disclosed

“During the year, no Trustees received any remuneration or other benefits (2025 - £NIL). During the year ended 28 February 2026, no Trustee expenses have been incurred (2025 - £NIL).” — page 16

Per its FY2026 accounts as filed with the Charity Commission.

Reserves position: below the charity's own stated reserves policy (held: £-680; policy: 35% of previous turnover, i.e. about £120k)

“In FY25-26, it is recommended that FAROS should have a target of 35% of previous turnover, i.e. about £120k. Currently, estimate to have about £50k unrestricted funds by Jun 25, so that a further £70k will need to be set aside in FY25-26 to reach the initial reserve target. However, as the Charity had no income, no funds were set aside as reserves.” — page 5

Per its FY2026 accounts as filed with the Charity Commission.

Related-party transaction: 13. Related party transactions

“Included within other creditors is £2,399 (2025 - £10,136) owed from the charity to Ridgeway Information Ltd in respect of transactions throughout the year. Included within consultancy expenses is £47,864 (2025 - £151,117) for purchases made by FAROS Foundation from Ridgeway Information Ltd.” — page 18

Per its FY2026 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Corporate structure

Registered company of the charity Companies House 11849153

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

ALEXĂ, Robert-Adrian — director, appointed 19/01/2026not on trustee list
CLARKE, Michael, Professor — director, appointed 27/02/2019on trustee list
LLOYD, Peter Richard — director, appointed 27/02/2019on trustee list
MANTHORPE, Gillian, Professor — director, appointed 27/02/2019not on trustee list

Official officers record.

Trustees · trustee networks

Prof Jill Manthorpechair
Peter Richard Lloyd
Professor Michael Clarke
Robert Adrian Alexa

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
28/02/2026	£34k	£63k
28/02/2025	£317k	£291k
29/02/2024	£249k	£243k
28/02/2023	£0	£1k
28/02/2022	£0	£1k

Common questions

Is FAROS FOUNDATION financially healthy?

Per its FY2026 accounts: The accounts state that the charity reported a deficit of £29,090 for the year ended 28 February 2026, resulting in unrestricted funds falling to a negative balance of £680. Despite this negative reserve position, the trustees confirmed the financial statements were prepared on a going concern basis due to full financial support from the member, Ridgeway Information Ltd. Its FY2026 accounts were independently examined.

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.

Funder	Similar charities funded	Amount to them
PERSULA FOUNDATION	1	£510k
THE RIVER FARM FOUNDATION	1	£400k
THE NUFFIELD FOUNDATION	1	£400k
THE ROTHSCHILD FOUNDATION	1	£220k
SLOANE ROBINSON FOUNDATION	1	£200k
GUY'S AND ST THOMAS' FOUNDATION	1	£185k
THE DAVID AND CLAUDIA HARDING FOUNDATION	1	£143k
THE NUTRITIONAL WELLBEING FOUNDATION	1	£120k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RESEARCH DATA ALLIANCE FOUNDATION.

RESEARCH DATA ALLIANCE FOUNDATION income £495k
THE FAIRNESS FOUNDATION income £242k
FOOD FOUNDATION income £2.0m
PONOSI FOUNDATION income £144k
The Mouradian Foundation Limited income £320k
THE FOCUS FOUNDATION income £1.6m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
FAROS FOUNDATION	£34k	—	0	below	0.0%	no doubt
RESEARCH DATA ALLIANCE FOUNDATION FY2024	£495k	—	—	below	—	no doubt
THE FAIRNESS FOUNDATION FY2025	£242k	—	—	unclear	—	no doubt
FOOD FOUNDATION FY2025	£2.0m	—	—	unclear	—	no doubt
PONOSI FOUNDATION FY2025	£144k	—	0	unclear	—	no doubt
The Mouradian Foundation Limited FY2025	£320k	—	0	unclear	—	no doubt

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