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.
Objects
THE CHARITY'S OBJECT IS, FOR THE PUBLIC BENEFIT, TO RELIEVE PERSONS WHO ARE IN NEED BY REASON OF FINANCIAL HARDSHIP, ILL-HEALTH, ALCOHOL OR SUBSTANCE ABUSE, DOMESTIC VIOLENCE OR SUCH OTHER SOCIAL OR ECONOMIC DISADVANTAGE.
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
Policies the charity declares
- Complaints policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALKING WITH THE WOUNDED | 1 | £371k |
| The Leathersellers' Foundation | 1 | £200k |
| SIR HALLEY STEWART TRUST | 1 | £60k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £56k |
| MRS WATERHOUSE CHARITABLE TRUST | 1 | £40k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £30k |
| SOCIETY OF THE HOLY CHILD JESUS CIO | 1 | £25k |
| THE LINDER FOUNDATION | 1 | £25k |
Charities like this
- BRAVE CHURCH
- CODEBRAVE FOUNDATION
- THE BROYST FOUNDATION
- BRAVE MIND
- BRITISH FORCES FOUNDATION
- The Brazil Friends Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRAVE FOUNDATION | £148k | — | 0 | below | — | no doubt |
| BRAVE CHURCH | £531k | — | 0 | unclear | — | no doubt |
| CODEBRAVE FOUNDATION | £343k | — | 0 | unclear | — | no doubt |
| THE BROYST FOUNDATION | £117k | — | 0 | above | — | no doubt |
| BRAVE MIND | £103k | — | 0 | unclear | — | no doubt |
| BRITISH FORCES FOUNDATION | £689k | — | 0 | unclear | — | no doubt |