BRITISH ACCOUNTING AND FINANCE ASSOCIATION
Latest income
£374k
Latest spending
£322k
Registered
1988
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £52,097 for the year, with total unrestricted reserves increasing to £311,444. Per the trustees' report, the financial position is described as healthy, supported by stable income from subscriptions and publications.
What the accounts disclose
Reserves policy: between 80% and 100% of the average annual expenditure (held: £311k)
“The BAFA as a whole, and each of its sub-groups (CPAF, CDAF, SIGs, Area Groups) will maintain its reserves at between 80% and 100% of the average annual expenditure of the BAFA (or the sub-group) over the long-term.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees subscribe as members under normal terms.
“The Trustees subscribe as members of the association under the normal terms given to all other members. In accordance with its financial regulations, BAFA reimburses the expenses of trustees incurred in carrying out their responsibilities.” — page 43
Per its FY2025 accounts as filed with the Charity Commission.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
Trustees
- Clodagh Hegarty
- Dr Anwar Halari
- Gregory Neil Stoner
- IAN PETER CRAWFORD
- Joan Amanda Ballantine
- Kevin Michael Peter Holland
- Mohamed Karim Sorour
- Sarah Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £374k | £322k |
| 31/12/2024 | £358k | £349k |
| 31/12/2023 | £305k | £294k |
| 31/12/2022 | £320k | £189k |
| 31/12/2021 | £101k | £63k |
Common questions
Is BRITISH ACCOUNTING AND FINANCE ASSOCIATION financially healthy?
The accounts state that the charity reported a net surplus of £52,097 for the year, with total unrestricted reserves increasing to £311,444. Per the trustees' report, the financial position is described as healthy, supported by stable income from subscriptions and publications. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAYFAIR CHARITIES LIMITED | 1 | £21k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £1k |
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