THE RECOGNISED FOUNDATION LIMITED
Objects
THE CHARITY’S OBJECTS (OBJECTS’) FOR THE PUBLIC BENEFIT ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: (1) TO RELIEVE POVERTY (OR FINANCIAL HARDSHIP) AMONG THOSE FACING LIFE-DEBILITATING HEALTH CHALLENGES AND THEIR DEPENDENTS LIVING ANYWHERE IN THE UNITED KINGDOM, PROVIDING ACCESS TO MENTAL HEALTH SERVICES, EXTRA-CURRICULAR ACTIVITIES THAT PROMOTE WELL-BEING, SUPPORT/ADVICE, FOOD, AND RECREATIONAL PRODUCTS. (2) TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT AMONG THOSE PEOPLE RESIDING IN THE UNITED KINGDOM WHO ARE SOCIALLY EXCLUDED. THIS WILL BE ACHIEVED BY: A) RELIEVING THE NEEDS OF SUCH INDIVIDUALS THROUGH THE PROVISION OF COMMUNITY EVENTS, SUPPORTIVE SERVICES, AND GRANTS TAILORED TO THEIR SPECIFIC CIRCUMSTANCES. B) CONDUCTING AND DISSEMINATING RESEARCH ON SOCIAL EXCLUSION AND ITS CAUSES, WORKING TOWARDS EVIDENCE-BASED SOLUTIONS. C) COLLABORATING WITH AND PROVIDING ASSISTANCE TO OTHER ORGANISATIONS THAT WORK TO PREVENT SOCIAL EXCLUSION OR HELP THOSE WHO ARE SOCIALLY EXCLUDED. FOR THE PURPOSES OF THIS CLAUSE, 'SOCIALLY EXCLUDED' IS DEFINED AS BEING PREVENTED FROM PARTICIPATING FULLY IN SOCIETY DUE TO FACTORS INCLUDING, BUT NOT LIMITED TO, UNEXPECTED HEALTH CHALLENGES, FINANCIAL HARDSHIP, RELATIONSHIP AND FAMILY BREAKDOWN, LOSS OF A RELATIVE, OR UNEXPECTED UNEMPLOYMENT.
Financial health, per its FY2025 accounts
The charity reported a net expenditure of £9,364 for the year, resulting in a significant decline in total funds from £10,936 to £1,572. Unrestricted reserves of £1,552 are well below the trustees' stated policy target of approximately £7,300 (three months of spending). Despite low cash holdings of £72, the trustees maintain a going concern basis based on pledged funding and the absence of borrowings.
What the accounts disclose
“The trustees aim to hold free reserves (unrestricted funds) equal to three months of spending, about £7,300 at this year's level, so the charity can meet its commitments if income falls unexpectedly.” — page 4
“During the year the charity paid a licence fee of £3,000 to Recognised London Limited for the use of the Recognised brand name and assets from 1 November 2024 to 31 October 2026. Trustees Joel Wallington and Anneka Wallington, who are related to each other, are directors and shareholders of Recognised London Limited.” — page 10
“The filed accounts did not charge the first year's licence fee of £1,500 as expenditure, carried £1,896 of the £3,000 fee forward rather than £1,500, and presented it as a creditor rather than a debtor. Their opening funds were also £1,104 lower than the bank balance at 31 October 2024. The trustees have decided not to revise the filed accounts under section 454 of the Companies Act 2006.” — page 11
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 09/10/2025
- Volunteers: 30
Self-declared on the annual return for the financial year ending 09/10/2024
- Volunteers: 15
Funders the charity credits
- Recognised
Trustees
- Joel Wallingtonchair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 09/10/2025 | £30k | £34k |
| 09/10/2024 | £36k | £26k |
Common questions
Is THE RECOGNISED FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The charity reported a net expenditure of £9,364 for the year, resulting in a significant decline in total funds from £10,936 to £1,572. Unrestricted reserves of £1,552 are well below the trustees' stated policy target of approximately £7,300 (three months of spending). Despite low cash holdings of £72, the trustees maintain a going concern basis based on pledged funding and the absence of borrowings. Its FY2025 accounts were independently examined.
Who funds THE RECOGNISED FOUNDATION LIMITED?
Funders whose own accounts filings name THE RECOGNISED FOUNDATION LIMITED as a grant recipient include Stolkin Foundation, THE COSTA FAMILY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GRANT FOUNDATION | FY2023 | Unverified read£10k | Campaigns for supportive relationships |
| Stolkin Foundation | FY2025 | £9k | Assist in relieving poverty and ill-health in all their forms and the causes of poverty and ill health including but not limited to victims of terrorism and oth |
| THE COSTA FAMILY CHARITABLE TRUST | FY2025 | £8k | |
| Stolkin Foundation | FY2024 | £4k | Assist in relieving poverty and ill-health in all their forms and the causes of poverty and ill health including but not limited to victims of terrorism and oth |
| THE COSTA FAMILY CHARITABLE TRUST | FY2023 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BCH TRUST | 1 | £21k |
| BELZ ISRAEL CHARITABLE TRUST | 1 | £10k |
| J & J CHARITABLE TRUST LIMITED | 1 | £6k |
Charities like this
- LIMOGES CHARITABLE TRUST
- THE A M CHARITABLE TRUST
- ROEBUCKS RUGBY LIMITED
- C AND G FUND LIMITED
- THE CHARITY SERVICE LIMITED
- AREIVIM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RECOGNISED FOUNDATION LIMITED | £30k | — | 0 | unclear | — | no doubt |
| LIMOGES CHARITABLE TRUST | £69k | — | 0 | within | — | no doubt |
| THE A M CHARITABLE TRUST | £157k | — | 0 | unclear | — | no doubt |
| ROEBUCKS RUGBY LIMITED | £42k | — | 0 | below | — | no doubt |
| C AND G FUND LIMITED | £63k | — | 0 | above | — | no doubt |
| THE CHARITY SERVICE LIMITED | £1.3m | — | 0 | below | — | no doubt |