EXPLORE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that total funds at the end of the year amounted to £47,022, representing a net movement in funds of £43,236 for the period. The charity reports no outstanding debt and maintains adequate free reserves to manage foreseeable contingencies. The financial position is supported by unrestricted funds of £46,183, with the majority of income derived from corporate donations by Explore Worldwide Ltd.
What the accounts disclose
“The charity maintains adequate free reserves to manage any reasonable foreseeable contingency and cover any confirmed expenditure.” — page 6
“Explore Worldwide Ltd covers all support and overhead costs incurred by the Explore Foundation. The balance of £2,227.01 relates to Insurance and Banking fees.”
Trustees
- John Telferchair
- Dr Christy Hehir
- Joanne Hendrickx
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £154k | £111k |
| 31/10/2024 | £85k | £89k |
| 31/10/2023 | £96k | £88k |
Common questions
Is EXPLORE FOUNDATION financially healthy?
The accounts state that total funds at the end of the year amounted to £47,022, representing a net movement in funds of £43,236 for the period. The charity reports no outstanding debt and maintains adequate free reserves to manage foreseeable contingencies. The financial position is supported by unrestricted funds of £46,183, with the majority of income derived from corporate donations by Explore Worldwide Ltd. Its FY2025 accounts were independently examined.