THE OPEN BIONICS FOUNDATION
The charity provides financial assistance to enable people, in need of a multi-functional upper limb prosthetic device and associated professional fitting services, who would not otherwise be able to take advantage of such technology. It is able to help people of all ages worldwide, if necessary.
Financial health, per its FY2025 accounts
The accounts state that total funds carried forward were £310,306, with unrestricted funds of £26,739. The trustees report that the charity held reserves of £312,360 to cover one year's operating costs, although the net movement in funds for the year was a deficit of £17,974.
What the accounts disclose
“The charity only holds reserves to cover one year's operating costs.” — page 3
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- Daniel Melville
- John Steven Whitman
- Linzi Lumbley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £127k | £144k |
| 31/03/2024 | £197k | £157k |
| 31/03/2023 | £138k | £279k |
| 31/03/2022 | £520k | £304k |
| 31/03/2021 | £468k | £351k |
Common questions
Is THE OPEN BIONICS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds carried forward were £310,306, with unrestricted funds of £26,739. The trustees report that the charity held reserves of £312,360 to cover one year's operating costs, although the net movement in funds for the year was a deficit of £17,974. Its FY2025 accounts were independently examined.
Who funds THE OPEN BIONICS FOUNDATION?
Funders whose own accounts filings name THE OPEN BIONICS FOUNDATION as a grant recipient include THE DE BRYE CHARITABLE TRUST, SSP FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE DE BRYE CHARITABLE TRUST | FY2023 | £2k | |
| SSP FOUNDATION | FY2022 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £36k |
| ZURICH COMMUNITY TRUST (UK) LIMITED | 1 | £32k |
| ONE FOOTSTEP | 1 | £20k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |
| TRUE COLOURS THEATRE | 1 | £5k |
| MISS W E LAWRENCE 1973 CHARITABLE SETTLEMENT | 1 | £4k |
| THE RAINFORD TRUST | 1 | £1k |
Charities like this
- THE OPENWORK FOUNDATION
- PHYSIONET FOUNDATION CIO
- REACH CHARITY LIMITED
- AMPUTATION FOUNDATION
- CARETECH CHARITABLE FOUNDATION
- HANDS OF GIVING FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE OPEN BIONICS FOUNDATION | £127k | — | 0 | above | — | no doubt |
| THE OPENWORK FOUNDATION | £1.1m | — | 0 | unclear | — | no doubt |
| PHYSIONET FOUNDATION CIO | £163k | — | 0 | below | — | no doubt |
| REACH CHARITY LIMITED | £208k | — | 0 | above | 28.0% | no doubt |
| AMPUTATION FOUNDATION | £135k | — | 0 | above | — | no doubt |
| CARETECH CHARITABLE FOUNDATION | £1.1m | — | 0 | above | — | no doubt |