BRIGHT SIDE
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £403,771 at the period end, significantly exceeding its stated policy target of maintaining sufficient reserves to cover recurring admin costs. The charity reported a net income of £287,754 for the period, driven primarily by donations from a charity football match, while total charitable expenditure was £62,784.
What the accounts disclose
“The reserves policy is to maintain sufficient reserves to pay for any recurring admin costs.” — page 4
“Sidemen Entertainment Limited has provided support to the charity during the year in the form of management and administrative support. Tobit Brown, a Trustee of the charity , is a director of Sidemen Entertainment Limited.” — page 4
“As previously noted, the main source of income for the charity is a donation received from Nemedis Limited. Nemedis Limited manages the production of the Sidemen charity football matches that Bright Side is a beneficiary of.” — page 4
“Sidemen Entertainment Limited has provided support to the charity during the year in the form of management and administrative support. Tobit Brown, a Trustee of the charity , is a director of Sidemen Entertainment Limited.” — page 4
“As previously noted, the main source of income for the charity is a donation received from Nemedis Limited. Nemedis Limited manages the production of the Sidemen charity football matches that Bright Side is a beneficiary of.” — page 4
Trustees
- Tobit Brownchair
- Aaron Luke John O'Neill
- Lisa Sachon
- Tahir Basheer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £351k | £63k |
| 01/07/2024 | £225k | £109k |
Common questions
Is BRIGHT SIDE financially healthy?
The accounts state that the charity held unrestricted reserves of £403,771 at the period end, significantly exceeding its stated policy target of maintaining sufficient reserves to cover recurring admin costs. The charity reported a net income of £287,754 for the period, driven primarily by donations from a charity football match, while total charitable expenditure was £62,784. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE MANOUKIAN CHARITABLE FOUNDATION | 1 | £57k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| CHK Foundation | 1 | £15k |