THE CAMELIA BOTNAR FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity holds substantial free reserves of £75,372,302, which the trustees consider sufficient to sustain the Foundation's aims without additional fundraising. The trustees report adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern. However, the report notes that high inflation has increased running costs, necessitating larger pay awards and a need to increase annual income levels to offset these impacts.
What the accounts disclose
“Emoluments for employees excluding pension contribution £60,001 - £70,000”
“Emoluments for employees excluding pension contribution £60,001 - £70,000”
“The Foundations reserves policy is to use these sums to generate enough income to sustain the Foundation’s aims without need for additional fundraising or public sector grants.” — page 9
“During the year Camelia Botnar Foundation recharged costs in relation to rent and staff costs to Camelia Botnar Limited totalling £439,541 (2022: £463,023). There were no other related party transactions during the year (2022: none). In the opinion of the trustees the Foundation is controlled by them.” — page 31
“The Foundation has a subsidiary undertaking, Camelia Botnar Limited, which provides a commercial working environment and retail outlet to help it achieve its object.” — page 4
Year-over-year changes
- Employees paid over £60,000: 0 (FY2022) → 1 (FY2023).
Corporate structure
- Trading subsidiary: CAMELIA BOTNAR LIMITED Companies House 01646383
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (22/12/2021)
Trustees
- Jamie Charles Dannchair
- Graham Charles Booth
- John Desmond Appleton
- Paul Yallop
- Stephanie Ann Burford-Pugh
- Stephen Mayes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.0m | £3.7m |
| 31/12/2023 | £3.8m | £3.6m |
| 31/12/2022 | £3.7m | £3.2m |
| 31/12/2021 | £3.7m | £3.1m |
Common questions
Is THE CAMELIA BOTNAR FOUNDATION financially healthy?
The accounts state that the charity holds substantial free reserves of £75,372,302, which the trustees consider sufficient to sustain the Foundation's aims without additional fundraising. The trustees report adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern. However, the report notes that high inflation has increased running costs, necessitating larger pay awards and a need to increase annual income levels to offset these impacts. Its FY2023 accounts were audited by TC Group.
What does the highest-paid employee of THE CAMELIA BOTNAR FOUNDATION earn?
Per its FY2023 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ONE FOOTSTEP | 1 | — |
| Able Child Africa | 1 | £30k |
| CORAM LIFE EDUCATION | 1 | £2k |