BRAVE FOUNDATION
Providing support for people for the public benefit.The charity provides accommodation close to the Bulgarian border with Macedonia where a person who is in (charitable) need may retreat to focus on their recovery and return to health. This provides people with the opportunity to avoid the stresses and strains of daily life and has a period of respite from the strain and temptations.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating loss of £5,910 for the year ended 30 September 2025, resulting in net liabilities of £2,699. Per the balance sheet, cash at bank fell to £1,703 from £6,833 the previous year, and the entity is exempt from audit under small companies provisions.
What the accounts disclose
“The directors present their report and accounts for the year ended 30 September 2025.” — page 2
Trustees
- BOGDAN IWANOW RECKALIJSKYchair
- GALIN NIKOLAEV GALEV
- Stanimir Stoyanov Pisev
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £148k | £153k |
| 30/09/2024 | £194k | £201k |
| 30/09/2023 | £76k | £85k |
| 30/09/2022 | £140k | £221k |
| 30/09/2021 | £49k | £11k |
Common questions
Is BRAVE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating loss of £5,910 for the year ended 30 September 2025, resulting in net liabilities of £2,699. Per the balance sheet, cash at bank fell to £1,703 from £6,833 the previous year, and the entity is exempt from audit under small companies provisions.