Charity Accounts Intelreading the accounts so you don’t have to

BTP

Registered charity 1198295 · accounts filings on the Charity Commission register · also known as THE GFY TRUST

Latest income
£9.4m
Latest spending
£1.2m
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a significant increase in unrestricted reserves, rising from £3.18m to £11.37m, driven by a large donation of £9m received shortly before the year end. The trustees maintain that free reserves are in excess of their stated policy target and plan to utilize these reserves for new projects and long-term investments. The independent auditor confirmed that the charity has adequate resources to continue as a going concern with no material uncertainties identified.

What the accounts disclose

Reserves policy: 12 months total expenditure of projects already committed to which is anticipated to be in the region of £1.5m (held: £2.4m)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to 12 months total expenditure of projects already committed to which is anticipated to be in the region of £1.5m.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Galloways Accounting (Audit) Limited.

Structured financials (annual return, FY ending 30/06/2025)

Total income
£9.4m
Total spending
£1.2m
Reserves (reported)
£11.4m
Employees
0

Reported reserves equal ~116.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/06/2025£9.4m£1.2m
30/06/2024£3.1m£995k
30/06/2023£2.1m£1.1m

Common questions

Is BTP financially healthy?

The accounts state that the charity reported a significant increase in unrestricted reserves, rising from £3.18m to £11.37m, driven by a large donation of £9m received shortly before the year end. The trustees maintain that free reserves are in excess of their stated policy target and plan to utilize these reserves for new projects and long-term investments. The independent auditor confirmed that the charity has adequate resources to continue as a going concern with no material uncertainties identified. Its FY2025 accounts were audited by Galloways Accounting (Audit) Limited.

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.

FunderSimilar charities fundedAmount to them
NPT Transatlantic Limited1£30.9m
ZOREYA TZEDOKOS1£312k
THREE PILLARS TRUST1£40k
ANAND & SETHI FAMILY CHARITY TRUST1£22k

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