B&Q Foundation
Financial health, per its FY2025 accounts
The accounts state that the charity held total funds of £204,164 at the year end, with unrestricted reserves of £108,731 exceeding the stated policy target of £50,000. The charity reported a net income surplus of £40,617 for the year, supported by incoming resources of £2,239,239 against charitable expenditure of £1,945,659. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The reserves policy of retaining a minimum level of unrestricted funds to be held has been set at £50,000”
“Donations totalling £420,843 unrestricted (2024: £273,269) and £43,217 restricted for LGBTQ+ communities were received from B&Q Limited, a company which is a related party with significant control as it holds the right to appoint or remove a majority of the Board of Trustees.” — page 24
“B&Q Limited also made product related donations totalling £860,827 (2024: £1,374,978) of which £56,783 (2024: £188,816) was restricted for LGBTQ+ charities.” — page 24
“Donations totalling £420,843 unrestricted (2024: £273,269) and £43,217 restricted for LGBTQ+ communities were received from B&Q Limited, a company which is a related party with significant control as it holds the right to appoint or remove a majority of the Board of Trustees.” — page 24
“B&Q Limited also made product related donations totalling £860,827 (2024: £1,374,978) of which £56,783 (2024: £188,816) was restricted for LGBTQ+ charities.” — page 24
“Donations totalling £420,843 unrestricted (2024: £273,269) and £43,217 restricted for LGBTQ+ communities were received from B&Q Limited, a company which is a related party with significant control as it holds the right to appoint or remove a majority of the Board of Trustees.” — page 24
“B&Q Limited also made product related donations totalling £860,827 (2024: £1,374,978) of which £56,783 (2024: £188,816) was restricted for LGBTQ+ charities.” — page 24
“Donations totalling £420,843 unrestricted (2024: £273,269) and £43,217 restricted for LGBTQ+ communities were received from B&Q Limited, a company which is a related party with significant control as it holds the right to appoint or remove a majority of the Board of Trustees.” — page 24
“B&Q Limited also made product related donations totalling £860,827 (2024: £1,374,978) of which £56,783 (2024: £188,816) was restricted for LGBTQ+ charities.” — page 24
Leadership, per the charity’s website
- Paul White — Chair
- Jeannie Pitt — B&Q Foundation Manager
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Paul Whitechair
- Alexander Hayes
- Anna Scarlett Peters
- Antony Purnell
- Katherine Paterson
- Paul Crisp
- Paul Norcross
- Rachel Marie Strange
- Stuart King
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £2.2m | £2.2m |
| 31/01/2024 | £2.2m | £2.3m |
| 31/01/2023 | £1.9m | £2.3m |
| 31/01/2022 | £1.7m | £1.3m |
| 31/01/2021 | £926k | £691k |
Common questions
Is B&Q Foundation financially healthy?
The accounts state that the charity held total funds of £204,164 at the year end, with unrestricted reserves of £108,731 exceeding the stated policy target of £50,000. The charity reported a net income surplus of £40,617 for the year, supported by incoming resources of £2,239,239 against charitable expenditure of £1,945,659. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Hopper Williams & Bell Limited.
Who funds B&Q Foundation?
Funders whose own accounts filings name B&Q Foundation as a grant recipient include THE NEIGHBOURLY FOUNDATION, ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY, HABITAT FOR HUMANITY GREAT BRITAIN.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE NEIGHBOURLY FOUNDATION | FY2025 | £1.6m |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | FY2023 | £5k |
| HABITAT FOR HUMANITY GREAT BRITAIN | FY2023 | £4k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NFL FOUNDATION UK | 1 | £12k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |