BUDDY UP
A mentoring charity for 8-17 year olds based in Surrey.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus position at the date of signing, reversing a deficit carried forward from the previous year. However, the balance sheet shows total net assets of negative £296, with unrestricted funds in deficit. The independent examiner noted the negative fund position at year-end but confirmed the charity is solvent based on post-year-end management information.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately 6 months of unrestricted charitable expenditure.” — page 5
“During the year, the Charity received donations totalling £750 (2024 - £Nil) from its own Trustees. These donations were made without conditions attached.” — page 25
Funders the charity credits
- Co-op UK
Trustees
- WARREN CHRISTOPHER TOWNSENDchair
- Holly Bloom
- Rowan Ring
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £89k | £82k |
| 30/09/2024 | £36k | £86k |
| 30/09/2023 | £87k | £70k |
| 30/09/2022 | £84k | £70k |
| 30/09/2021 | £25k | £15k |
Common questions
Is BUDDY UP financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus position at the date of signing, reversing a deficit carried forward from the previous year. However, the balance sheet shows total net assets of negative £296, with unrestricted funds in deficit. The independent examiner noted the negative fund position at year-end but confirmed the charity is solvent based on post-year-end management information. Its FY2025 accounts were independently examined.
Who funds BUDDY UP?
Funders whose own accounts filings name BUDDY UP as a grant recipient include THE ASHWORTH CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ASHWORTH CHARITABLE TRUST | FY2025 | £3k | National |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/03/2021 | £10k | Buddy Up Mentoring |