POUNDLAND FOUNDATION

Registered charity 1194291 · accounts filings on the Charity Commission register · also registered in Scotland as SC051673 (OSCR)

The Poundland Foundation is a grant-making charity helping to transform communities and change lives.We make grants to our national charity partners and to smaller organisations and charities through our community grant programme.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income

£1.7m

Latest spending

£1.6m

Registered

2021

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net incoming resource of £96,065 for the year, resulting in total unrestricted reserves of £904,734. Per the trustees' report, these reserves are compliant with the stated policy target of maintaining six months of income. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: 6 months of income (held: £905k)

“The Trustees of the Charity have agreed to the following levels of unrestricted reserves as being prudent and necessary for the on-going activities of the Charity: 6 months of income.” — page 8

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: The document explicitly states in Note 18 that there are no related party transactions or outstanding balances. While Note 7 mentions staff cost recharges from Poundland Limited, Note 18 overrides this by stating 'The CIO has not entered into any related party transactions during the year, nor are there any outstanding balances owing between related parties and the CIO at 30 September 2024.' Therefore, no related party flags are raised based on the explicit disclosure in Note 18.

“The CIO has not entered into any related party transactions during the year, nor are there any outstanding balances owing between related parties and the CIO at 30 September 2024.” — page 29

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Dains Audit Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/09/2024)

Total income

£1.7m

Total spending

£1.6m

Cost of raising funds

£103k

Reserves (reported)

£905k

Employees

Reported reserves equal ~6.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (87% 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: 6.0% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Chloe Jones
Chris Claxton
Krista Mary Roberta Wright
Laura Rachel Yonish

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year end	Income	Spending
30/09/2024	£1.7m	£1.6m
30/09/2023	£1.5m	£1.4m
30/09/2022	£2.1m	£1.4m

Common questions

Is POUNDLAND FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £96,065 for the year, resulting in total unrestricted reserves of £904,734. Per the trustees' report, these reserves are compliant with the stated policy target of maintaining six months of income. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Dains Audit Limited.

Who funds POUNDLAND FOUNDATION?

Funders whose own accounts filings name POUNDLAND FOUNDATION as a grant recipient include THE PENNIES FOUNDATION.

Known funders

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

Funder	Year	Amount	Purpose (as stated by the funder)
THE PENNIES FOUNDATION	FY2024	£1.2m
THE PENNIES FOUNDATION	FY2023	£682k
THE PENNIES FOUNDATION	FY2021	£124k	Grant to institution
THE PENNIES FOUNDATION	FY2022	£77k
THE PENNIES FOUNDATION	FY2024	£9k

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.

Funder	Similar charities funded	Amount to them
TRUST FOR LONDON	1	£1.0m
THE AMATEURS TRUST	1	£115k
THE HAPPY BABY COMMUNITY	1	£105k
JUVENILE DIABETES RESEARCH FOUNDATION LIMITED	1	£95k
GIVE A GIFT	1	£30k
THE EDWARD GOSTLING FOUNDATION	1	£10k
THE LEGAL EDUCATION FOUNDATION	1	£10k
THE TIM HENMAN FOUNDATION	1	£5k

Charities like this

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

PONOSI FOUNDATION income £144k
BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION income £5.3m
LLOYDS BANK FOUNDATION FOR ENGLAND & WALES income £29.6m
THE GRANT THORNTON FOUNDATION income £364k
S P LOHIA FOUNDATION income £1.5m
THE LOCKWOOD CHARITABLE FOUNDATION income £2.8m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
POUNDLAND FOUNDATION	£1.7m	—	0	unclear	—	no doubt
PONOSI FOUNDATION FY2025	£144k	—	0	unclear	—	no doubt
BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION FY2025	£5.3m	Over £60,000	1	unclear	5.3%	no doubt
LLOYDS BANK FOUNDATION FOR ENGLAND & WALES FY2025	£29.6m	—	—	above	—	no doubt
THE GRANT THORNTON FOUNDATION FY2026	£364k	—	0	unclear	—	no doubt
S P LOHIA FOUNDATION FY2023	£1.5m	—	0	above	—	no doubt

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