BRACE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £776,994 for the year, resulting in a significant drop in total reserves from £1.4 million to £642,308. Although the charity holds net current liabilities of £604,652, the trustees confirm this does not indicate a risk to ongoing viability because the charity holds £2.04 million in highly liquid investments that can be accessed to meet liabilities as they fall due.
What the accounts disclose
“aims to hold free reserves of at least £220k – as a contingency reserve to ensure the stability of the charity through periods of crisis and to cover expenses in the event the charity must be wound up.”
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (15/05/2025)
Trustees
- BRACE Trustee Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £644k | £1.4m |
| 31/12/2024 | £1.9m | £1.2m |
| 31/12/2023 | £918k | £859k |
| 31/12/2022 | £905k | £764k |
| 31/12/2021 | £415k | £489k |
Common questions
Is BRACE financially healthy?
The accounts state that the charity reported a net deficit of £776,994 for the year, resulting in a significant drop in total reserves from £1.4 million to £642,308. Although the charity holds net current liabilities of £604,652, the trustees confirm this does not indicate a risk to ongoing viability because the charity holds £2.04 million in highly liquid investments that can be accessed to meet liabilities as they fall due. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ORR MACKINTOSH FOUNDATION LIMITED | 3 | £378k |
| THE HAWTHORNE CHARITABLE TRUST | 3 | £35k |
| THE GORDON GRAY TRUST | 3 | £14k |
| FRAZER TRUST | 3 | £8k |
| THE ALBORADA TRUST | 2 | £427k |
| THE PENNIES FOUNDATION | 2 | £372k |
| ALZHEIMER'S FOUNDATION FOR RESEARCH INTO ALZHEIMER'S DISEASE. | 2 | £290k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 2 | £220k |