A MILLION REALITIES FOUNDATION
Latest income
£1.0m
Latest spending
£500k
Registered
2023
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £734,209 from £234,205 in the prior year, supported by a rise in donations to £1,000,000. The trustees maintain a policy of holding minimal reserves and report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: minimal reserves (held: £734k)
“It is the Charity’s policy to maintain minimal reserves and subsequent to the year-end the Charity has continued to undertake charitable activities.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Legal fees paid to Collyer Bristow LLP, where trustee M D B Simon is a partner.
“During the year, governance costs included legal work undertaken by Collyer Bristow LLP, an entity in which M D B Simon is a partner. Fees payable for the period were £13,082 (2024: £6,600), of which £nil was outstanding at the balance sheet date.” — page 15
“In the prior year, a trustee provided a loan of £25,000 to the charity. The loan was interest free and repayable on demand. The loan was fully repaid in the current financial year.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Interest-free loan of £25,000 provided by a trustee in the prior year, fully repaid in the current year.
“During the year, governance costs included legal work undertaken by Collyer Bristow LLP, an entity in which M D B Simon is a partner. Fees payable for the period were £13,082 (2024: £6,600), of which £nil was outstanding at the balance sheet date.” — page 15
“In the prior year, a trustee provided a loan of £25,000 to the charity. The loan was interest free and repayable on demand. The loan was fully repaid in the current financial year.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 13120015
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.0m
Total spending
£500k
Reserves (reported)
£734k
Employees
1
Trustees
- ANTONIA MARIA MARCHI PACKARDchair
- Fuad Mahamed
- Lisa Ravenscroft
- MARK DANIEL BENJAMIN SIMON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.0m | £500k |
| 31/03/2024 | £250k | £156k |
Common questions
Is A MILLION REALITIES FOUNDATION financially healthy?
The accounts state that unrestricted reserves increased to £734,209 from £234,205 in the prior year, supported by a rise in donations to £1,000,000. The trustees maintain a policy of holding minimal reserves and report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| THE PRIORY FOUNDATION | 1 | £28k |