BRITISH FASHION COUNCIL FOUNDATION
Latest income
£2.2m
Latest spending
£2.0m
Registered
2019
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity is in strong financial health with unrestricted reserves of £6,264,049, which exceed the trustees' stated policy target of £5 million. The trustees have confirmed that the charity has sufficient working capital for the foreseeable future and prepared the financial statements on a going concern basis.
What the accounts disclose
Reserves policy: £5 million (held: £6.3m)
“Accordingly, the trustees have set a target reserves level of £5 million, equivalent to 2.5 times the Foundation’s combined annual operating, overhead, and grant-making costs.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: P Batty received £22,125 for consultancy services provided to the British Fashion Council.
“Two Trustees are remunerated in relation to their roles as executive directors of the charities parent entity, British Fashion Council Ltd. P Batty, a trustee of the British Fashion Council Foundation received £22,125 in the year to 31 March 2025 for consultancy services provided to the British Fashion Council.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The BFC donated £1,050,000 to the British Fashion Council Ltd in the year.
“The BFC donated £1,050,000 to the British Fashion Council Ltd in the year. Two of the trustees of the charity are directors of the BFC however, the donation is signed off by the BFC Executive Board which at the 31 March 2025 had seven independent non-executive directors who are not officers of the BFC Foundation. Two Trustees are remunerated in relation to their roles as executive directors of the charities parent entity, British Fashion Council Ltd. P Batty, a trustee of the British Fashion Council Foundation received £22,125 in the year to 31 March 2025 for consultancy services provided to the British Fashion Council.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 11917315
Structured financials (annual return, FY ending 31/03/2025)
Total income
£2.2m
Total spending
£2.0m
Reserves (reported)
£6.3m
Employees
0
Register events
- Received assets from another charity (19/05/2022)
- Received assets from another charity (14/02/2022)
- Received assets from another charity (13/12/2021)
Trustees
- Andin Fonyonga
- David Pemsel
- Laura Davidson
- Laura Weir
- Pam Batty
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.2m | £2.0m |
| 31/03/2024 | £1.9m | £1.3m |
| 31/03/2023 | £1.3m | £1.1m |
| 31/03/2022 | £1.9m | £939k |
| 31/03/2021 | £4.9m | £1.4m |
Common questions
Is BRITISH FASHION COUNCIL FOUNDATION financially healthy?
The accounts state that the charity is in strong financial health with unrestricted reserves of £6,264,049, which exceed the trustees' stated policy target of £5 million. The trustees have confirmed that the charity has sufficient working capital for the foreseeable future and prepared the financial statements on a going concern basis. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TZEDOKOH VECHESED LIMITED | 1 | £45k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £38k |
| BELLJOE TZEDOKO LIMITED | 1 | £21k |
| CANVEY BRIGHT START LTD | 1 | £7k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
| FRIENDS OF YESHIVA LUZERN | 1 | £1k |