The Bayliss Charitable Foundation
Latest income
£5.6m
Latest spending
£652k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that total unrestricted funds increased to £40,452,681.37, supported by significant investment gains and new donations. The charity has no employees and relies on external providers for administration and investment management, with no stated reserves policy target to compare against the actual balance.
What the accounts disclose
Related-party transaction: Turcan Connell provide legal and accounting services to the Foundation for which fees are paid. In the year to 31st March 2025 those fees amounted to £137,443.80
“The partners of Turcan Connell are directors of TC Trustees Limited, one of the Trustees. Turcan Connell provide legal and accounting services to the Foundation for which fees are paid. In the year to 31st March 2025 those fees amounted to £137,443.80 (2024 £56,017.80), with £69,204.00 (2024 £42,997.80) outstanding at the year end.” — page 6
Per FY2025 accounts as filed with OSCR.