THE LOUNGE FOUNDATION

Registered charity 1203682 · accounts filings on the Charity Commission register

The Charity will provide grants to individuals and organisations in pursuance of its objects. Forindividuals, grants will be made subject to the applicant demonstrating a charitable need. Fororganisations, grants will be made to organisations which are registered charities or which qualify ascharities under the law of England and Wales.

Objects

THE OBJECTS OF THE CIO ARE TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE CHARITY TRUSTEES SEE FIT FROM TIME TO TIME.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Latest income
£285k
Latest spending
£216k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £410,719, with no stated reserves policy target. The charity is heavily dependent on annual funding from Lounge Underwear Limited, which provided £272,603 in donations, and the trustees confirm no material uncertainties exist regarding going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Lounge Underwear Limited donated £272,603 to the Foundation. Trustees M Marsden and D Marsden are also directors of Lounge Underwear Limited.
“M Marsden and D Marsden, trustees, are also directors of Lounge Underwear Limited. During the year, Lounge Underwear Limited donated £272,603 (Period ended 30 June 2024: £394,541) to the Foundation.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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£285k£216k
30/06/2024£396k£54k

Common questions

Is THE LOUNGE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £410,719, with no stated reserves policy target. The charity is heavily dependent on annual funding from Lounge Underwear Limited, which provided £272,603 in donations, and the trustees confirm no material uncertainties exist regarding going concern. Its FY2025 accounts were independently examined.

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
THE AMATEURS TRUST1£115k
THE PRIORY FOUNDATION1£33k
THE EDWARD GOSTLING FOUNDATION1£10k

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE LOUNGE FOUNDATION£285k—0unclear—no doubt
THE LOFTHOUSE FOUNDATION FY2024£66.3m£342,6251above—no doubt
BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION FY2025£5.3mOver £60,0001unclear5.3%no doubt
S P LOHIA FOUNDATION FY2023£1.5m—0above—no doubt
THE GRANT FOUNDATION FY2024£185k—0within—no doubt
THE LANCASHIRE FOUNDATION FY2024£956k—0above—no doubt

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