BCNO LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity posted a net operational deficit of £1,183,868 for the year, driven by total expenditure of £4.86m against income of £3.68m. However, the net loss in funds was reduced to £170,212 due to a £1.01m accounting gain from the disposal of the Boxley House campus. Per the trustees' report, free reserves stood at £4.98m, representing more than six months of expenditure, which the Board considers appropriate to continue core activities.
What the accounts disclose
“In the band £90,001 - £100,000” — page 35
“The value of the free reserves represents more than 6 months expenditure, and therefore is considered by the Trustees to be an appropriate sum” — page 16
“Devan Rajenran, a trustee of the charity, is also a director of a company from which the charity purchased services amounting to £255 (2024: £Nil). These transactions were conducted at market rates and on an arm’s length basis, and there were no outstanding balances at the year end.”
Corporate structure
- Registered company of the charity Companies House 00562119
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (07/07/2025)
Trustees
- David Taskerchair
- Conor Philip McDermott
- Deborah Hayes
- Devan Rajendran
- Dr Philip David Bright
- HOWARD KIDD
- Professor Nicholas Paul William Goddard
- Simeon Milton
- Simon John Fielding OBE DO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.7m | £4.9m |
| 31/08/2024 | £3.9m | £4.7m |
| 31/08/2023 | £3.9m | £4.6m |
| 31/08/2022 | £4.3m | £4.6m |
| 31/08/2021 | £1.4m | £1.5m |
Common questions
Is BCNO LIMITED financially healthy?
The accounts state that the charity posted a net operational deficit of £1,183,868 for the year, driven by total expenditure of £4.86m against income of £3.68m. However, the net loss in funds was reduced to £170,212 due to a £1.01m accounting gain from the disposal of the Boxley House campus. Per the trustees' report, free reserves stood at £4.98m, representing more than six months of expenditure, which the Board considers appropriate to continue core activities. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.
What does the highest-paid employee of BCNO LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band.