SOUL FOUNDATION
Soul Foundation's mission is to give hope to the destitute, restoring dignity, by ending cycles of poverty, addiction, abuse and violence. Our aims are to promote social justice, mercy, accountability, restoration and hope. The Foundation works locally and globally both independently and in partnership with other charitable organisations working with children, young people and vulnerable adults.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £58,590 for the year ended 31 March 2024, resulting in total funds of £191,295. The trustees confirm that unrestricted reserves are sufficient to cover planned expenditure for the foreseeable future and that the charity can continue as a going concern. The financial position is supported by cash holdings of £181,378, though the charity experienced a net decrease in funds compared to the previous year.
What the accounts disclose
“The trustees consider that unrestricted reserves should be sufficient to cover the charity's planned expenditure for the foreseeable future.”
Structured financials (annual return, FY ending 31/03/2021)
Register events
- Received assets from another charity (30/06/2020)
Trustees
- Annabell Currie
- Carl Philip Weathers
- Robert Charles Mayes
- Senior Pastor John Norman
- Steadman Noble
- Stephen John Ginn
- William Joseph McKinney
- Y'etsha Bennett-Grant
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £264k | £336k |
| 31/03/2024 | £287k | £346k |
| 31/03/2023 | £224k | £295k |
| 31/03/2022 | £259k | £612k |
| 31/03/2021 | £1.2m | £589k |
Common questions
Is SOUL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £58,590 for the year ended 31 March 2024, resulting in total funds of £191,295. The trustees confirm that unrestricted reserves are sufficient to cover planned expenditure for the foreseeable future and that the charity can continue as a going concern. The financial position is supported by cash holdings of £181,378, though the charity experienced a net decrease in funds compared to the previous year. Its FY2024 accounts were independently examined.
Who funds SOUL FOUNDATION?
Funders whose own accounts filings name SOUL FOUNDATION as a grant recipient include CHURCH REVITALISATION TRUST, NORFOLK COMMUNITY FOUNDATION, THE ELLERDALE TRUST, THE PAUL BASSHAM CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHURCH REVITALISATION TRUST | FY2022 | £74k | Love Your Neighbour General |
| CHURCH REVITALISATION TRUST | FY2021 | £43k | Social Transformation Grants |
| NORFOLK COMMUNITY FOUNDATION | FY2022 | £37k | To support 743 households with food provided via deliveries. |
| NORFOLK COMMUNITY FOUNDATION | FY2024 | £30k | To support families with school uniform vouchers and snack packs at the food hub. |
| THE ELLERDALE TRUST | FY2022 | £10k | |
| THE PAUL BASSHAM CHARITABLE TRUST | FY2022 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WISEHEIGHTS LIMITED | 1 | £755k |
| THE BISHOP RADFORD TRUST | 1 | £2k |
| THE WOODWARD CHARITABLE TRUST | 1 | £1k |
Charities like this
- SAO FOUNDATION
- SOUND FOUNDATION COMMUNITY CARE
- PS FOUNDATION
- PROTON FOUNDATION
- THE SOLE 2 SOUL FOUNDATION
- SHELL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOUL FOUNDATION | £264k | — | 0 | within | — | no doubt |
| SAO FOUNDATION | £812k | — | 0 | unclear | — | no doubt |
| SOUND FOUNDATION COMMUNITY CARE | £130k | — | 0 | unclear | — | no doubt |
| PS FOUNDATION | £560k | — | 0 | unclear | — | no doubt |
| PROTON FOUNDATION | £116k | — | 0 | unclear | — | no doubt |
| THE SOLE 2 SOUL FOUNDATION | £237k | — | 0 | unclear | — | no doubt |