THE BMS FOUNDATION
General Charitable Purposes. Trustees Do Not accept any unsolicited applications
Objects
AS PER OBJECTS IN DEED STANDARD OBJECTS ARE :THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT TO FURTHER SUCH EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAWS OF ENGLAND AND WALES IN ANY PART OF THE WORLD (OBJECTS) AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £900 and unrestricted bank balances of £45,190 at the end of the reporting period. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. No funds were in deficit, and there were no uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Ltd was paid £1,669 for trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- 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 16/09/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Trustees
- NEIL PRIORchair
- Hannah Watkins
- Ian Gormley
- Ludlow Trust Company Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 16/09/2025 | £31k | £30k |
Common questions
Is THE BMS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £900 and unrestricted bank balances of £45,190 at the end of the reporting period. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. No funds were in deficit, and there were no uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.