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THE THOMSON FOUNDATION

Registered charity 313750 · accounts filings on the Charity Commission register · also known as THOMSON MEDIA FOUNDATION

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Latest income
£3.3m
Latest spending
£3.7m
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £424k for the year, resulting in a deficit compared to the previous year. However, the trustees note that significant headroom exists due to expendable endowment funds, reducing going concern risks to a very low level. Free unrestricted reserves stood at £602k at year-end.

What the accounts disclose

Accounts audited by Crowe U.K. LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£3.3m
Total spending
£3.7m
Cost of raising funds
£42k
Reserves (reported)
£602k
Employees
12

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Algeria · Armenia · Austria · Azerbaijan · Belarus · Belgium · China · City Of London · Czech Republic · Egypt · France · Georgia

Income and spending

Financial year endIncomeSpending
31/12/2024£3.3m£3.7m
31/12/2023£2.4m£3.4m
31/12/2022£2.4m£2.9m
31/12/2021£2.6m£2.7m
31/12/2020£2.6m£2.6m

Common questions

Is THE THOMSON FOUNDATION financially healthy?

The accounts state that the charity reported a net expenditure of £424k for the year, resulting in a deficit compared to the previous year. However, the trustees note that significant headroom exists due to expendable endowment funds, reducing going concern risks to a very low level. Free unrestricted reserves stood at £602k at year-end. Its FY2024 accounts were audited by Crowe U.K. LLP.