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THE BURLINGTON MAGAZINE FOUNDATION

Registered charity 1187286 · accounts filings on the Charity Commission register

THE MAIN CHARITABLE ACTIVITY IS TO SUPPORT FINANCIALLY OR OTHERWISE THE PUBLICATION OF THE BURLINGTON MAGAZINE AND ITS ASSOCIATED WEBSITES, PRIMARILY BY RAISING FUNDS AND INVESTING THE SAME FOR THE PURPOSE OF BUILDING AN INVESTMENT FUND TO PROVIDE LONG TERM FINANCIAL SECURITY FOR THE BURLINGTON MAGAZINE; THEREAFTER TO SUPPORT ITS ASSOCIATED ACTIVITIES IN THE ART HISTORICAL COMMUNITY HERE & ABROAD

Causes: Education/training · website · Get email alerts

Latest income
£92k
Latest spending
£447k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an overall surplus of £254,537 for the year ended 31 December 2024, driven by net investment gains of £609,315. The trustees confirm that resources are adequate to continue as a going concern, with unrestricted cash reserves and fixed interest securities totaling £970,717. The charity holds a substantial investment portfolio valued at £6,890,106 to support its long-term financial security.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sum equivalent to the average of BMPL’s deficit over the previous three years (held: £971k)
“The Burlington Magazine Foundation CIO reserves policy is such that the charity should hold a sum equivalent to the average of BMPL’s deficit over the previous three years in unrestricted cash reserves or fixed interest securities in the event it is needed to cover cash-flow shortfalls experienced by BMPL.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Insurance broker costs incurred with Hallett Independent Ltd, of which Trustee Nathanael Price is a director.
“During the year £985 (2023: £831) of insurance broker costs were incurred with Hallett Independent Ltd, of which Trustee Nathanael Price is a director.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Burlington Magazine Publications Limited, The Burlington House Fair Limited, Fleming Honour Limited
“The Burlington Magazine Foundation CIO owns 100 per cent of Burlington Magazine Publications Limited ("BMPL"), a registered company and registered charity, which itself has two wholly owned subsidiaries , The Burlington House Fair Limited ("BHF") and Fleming Honour Limited.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Register events

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£92k£447k
31/12/2023£117k£405k
31/12/2022£99k£196k
31/12/2021£103k£226k
31/12/2020£87k£122k

Common questions

Is THE BURLINGTON MAGAZINE FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported an overall surplus of £254,537 for the year ended 31 December 2024, driven by net investment gains of £609,315. The trustees confirm that resources are adequate to continue as a going concern, with unrestricted cash reserves and fixed interest securities totaling £970,717. The charity holds a substantial investment portfolio valued at £6,890,106 to support its long-term financial security. Its FY2024 accounts were audited by Sayer Vincent LLP.