THE OPEN BIONICS FOUNDATION

Registered charity 1186502 · accounts filings on the Charity Commission register

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.

Causes: Disability · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£127k
Latest spending
£144k
Registered
2019
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: one year's operating costs (held: £312k)
“The charity only holds reserves to cover one year's operating costs.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/03/2022)

Total income
£520k
Total spending
£304k
Reserves (reported)
£21k
Employees
0

Reported reserves equal ~0.8 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE DE BRYE CHARITABLE TRUSTFY2023£2k
SSP FOUNDATIONFY2022£500

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE OPENWORK FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE OPEN BIONICS FOUNDATION£127k—0above—no doubt
THE OPENWORK FOUNDATION FY2023£1.1m—0unclear—no doubt
PHYSIONET FOUNDATION CIO FY2025£163k—0below—no doubt
REACH CHARITY LIMITED FY2025£208k—0above28.0%no doubt
AMPUTATION FOUNDATION FY2025£135k—0above—no doubt
CARETECH CHARITABLE FOUNDATION FY2025£1.1m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.