THE MICHAEL AND BARBARA BELL FOUNDATION (CIO)
Provide for the benefit of mainly youth in the advancement of amateur sport in the Mole Valley, Reigate and Banstead local authority areas by supporting sports clubs, sporting organisations, educational institutions and individuals in providing funding for equipment, facilities and support that will enable and encourage the development of amateur sport.
Objects
(A) FOR THE BENEFIT OF THE PUBLIC, THE ADVANCEMENT OF AMATEUR SPORT IN THE MOLE VALLEY, REIGATE AND BANSTEAD LOCAL AUTHORITY AREAS BY SUPPORTING SPORTS CLUBS, SPORTING ORGANISATIONS, EDUCATIONAL INSTITUTIONS AND INDIVIDUALS IN PROVIDING FUNDING FOR EQUIPMENT, FACILITIES AND SUPPORT THAT WILL ENABLE AND ENCOURAGE THE DEVELOPMENT OF AMATEUR SPORT FOR PEOPLE OF ALL AGES;(B) TO PREVENT OR RELIEVE POVERTY IN THE MOLE VALLEY, REIGATE AND BANSTEAD LOCAL AUTHORITY AREAS BY PROVIDING GRANTS OR ITEMS TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS/INSTITUTIONS WORKING TO PREVENT OR RELIEVE POVERTY, INCLUDING BUT NOT LIMITED TO THE PROVISION OF GRANTS TO ENABLE MEMBERS OF THE PUBLIC TO PARTICIPATE IN HEALTHY RECREATIONAL ACTIVITIES THAT THEY COULD NOT OTHERWISE AFFORD;(C) TO RELIEVE FINANCIAL HARDSHIP, EITHER GENERALLY OR INDIVIDUALLY, OF PEOPLE LIVING IN THE MOLE VALLEY, REIGATE AND BANSTEAD LOCAL AUTHORITY AREAS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR GOODS, SERVICES OR FACILITIES, WHICH THEY COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS;(D) TO PROMOTE THE RELIEF OF THOSE IN NEED BY REASON OF DISABILITY, SICKNESS AND POOR HEALTH AMONGST PEOPLE LIVING IN THE MOLE VALLEY, REIGATE AND BANSTEAD LOCAL AUTHORITY AREAS BY MAKING GRANTS OF MONEY FOR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES FOR THE PUBLIC BENEFIT.
Financial health, per its FY2025 accounts
The accounts state that the charity received a legacy income of £7,864,423 and incurred a surplus of £4,340,293, resulting in total funds of £8,000,329 at the balance sheet date. The trustees report that operational activities are expected to commence during 2025/26 as administration infrastructure is completed. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“During the period Mrs A R Burns was appointed as a trustee in CIO, is also a director of the direct subsidiary M & B Leatherhead Holdings Limited, for which she was renumerated £7,239 for the period to 31% January 2025.” — page 17
“During the period Mrs A R Burns was appointed as a trustee in CIO, is also a director of the direct subsidiary M & B Leatherhead Holdings Limited, for which she was renumerated £7,239 for the period to 31% January 2025.” — page 17
“The Foundation owns 100% of the share capital M & B Leatherhead Holdings Limited which maintains a residential property portfolio.” — page 16
Policies the charity declares
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Trading subsidiary: M & B LEATHERHEAD HOLDINGS LIMITED Companies House 12432667 · Financial health read from its filings
- Donated/gift-aided to the charity: £200k
- The parent charity, The Michael and Barbara Bell Foundation, holds 100% of the company shares.
“During the year M & B Leatherhead Holdings Limited paid £200,000 [2025 £150,000 ] in charity donations to The Michael and Barbara Bell Foundation a Charitable Incorporated Organisation [CIO]. .The Michacl and Barbara Foundation holds 100% of the company shares.”
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- CHARLES HENRY PFISTERchair
- Angela Ruth Burns
- Joyce Natasha Thomas
- Thomas Arthur Mason
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £8.2m | £77k |
Common questions
Is THE MICHAEL AND BARBARA BELL FOUNDATION (CIO) financially healthy?
Per its FY2025 accounts: The accounts state that the charity received a legacy income of £7,864,423 and incurred a surplus of £4,340,293, resulting in total funds of £8,000,329 at the balance sheet date. The trustees report that operational activities are expected to commence during 2025/26 as administration infrastructure is completed. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Brewers Chartered Accountants.