BOOTSTRAP COMPANY LIMITED
Registered charity 275489 · accounts filings on the Charity Commission register · also known as BOOTSTRAP COMPANY · filing overdue (register status)
The Bootstrap Company's charitable objects are:- To advance education and to relieve povertyWe believe in the power of people at work and play. We exist to:- Develop and manage spaces for work and play- Deliver events and projects that increase access to enterprise and culture for all- Inspire and support our network of creative and social entrepreneurs
Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £688,907 for the year ended 31 March 2024, resulting in consolidated net liabilities of £95,648. The trustees have identified a material uncertainty regarding the charity's ability to continue as a going concern due to these net liabilities and ongoing refinancing talks, although they maintain that the accounts are prepared on a going concern basis.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: a measured approach to building reserves balancing the commitment of investment to maximising social impact
“There was no change to reserves policy stated in the previous year, which was that the board decided to take a measured approach to building reserves balancing the commitment of investment to maximising social impact.”
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“We draw attention to note 2.2 in the financial statements. At the balance sheet date, the Group reported current liabilities of £2,561,600 and was in a net liability position of £95,648, indicating that total liabilities exceeded total assets by this amount. As stated in note 2.2, these events or conditions, along with the other matters as set forth in the note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the Group's or the parent charitable company's ability to continue as a going concern.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Kreston Reeves LLP. Discloses 4 of 6 completeness components.
Corporate structure
THE BOOTSTRAP TRADING COMPANY LIMITED — per its own Companies House accounts
- Exemption claimed for related party transactions with group members.
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- WHITING, Stewart Charles — director, appointed 02/02/2021on trustee list
- DELFS, John Michael — director, appointed 10/07/2019on trustee list
- BOOKMAN, Jordan Ashley — director, appointed 15/11/2017on trustee list
- CARY, Sarah Elizabeth — director, appointed 29/01/2014on trustee list
Official officers record.
Structured financials (annual return, FY ending 31/03/2024)
Cost of raising funds
£93k
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 4.3% of total income — below the median for charities its size (5.2%) (benchmarks).
- John Michael Delfs
- Jordan Ashley Bookman
- Sarah Cary
- Stewart Charles Whiting
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hackney
Income and spending
Common questions
Is BOOTSTRAP COMPANY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net loss of £688,907 for the year ended 31 March 2024, resulting in consolidated net liabilities of £95,648. The trustees have identified a material uncertainty regarding the charity's ability to continue as a going concern due to these net liabilities and ongoing refinancing talks, although they maintain that the accounts are prepared on a going concern basis. Its FY2024 accounts were audited by Kreston Reeves LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with CHARITY ENTREPRENEURSHIP.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.