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Comic Relief is hoarding £117million of cash reserves despite pleading for more donations

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Its been alleged that Comic Relief is hoarding a significant pot of cash despite pleading for donations (Picture: Stacey Dooley)

Comic Relief has reportedly been sitting on an unspent cash pot of £117million before the annual fundraising efforts.

According to a report in todays Mail On Sunday, the most recent figures show that reserves are £23million more than the year before, despite another huge plea for donations to the worlds most worthy causes.

Making up the reported £117million total is £66 million of donations waiting to be paid out in grants, plus a reserve of £50 million in the event of an emergency.

The latter sum would reportedly keep the business afloat for six months.

A representative for Comic Relief has been contacted by Metro.co.uk for comment.

Undated handout photo issued by Comic Relief of nine celebrities on top of Mount Kilimanjaro for Comic Relief. Kilimanjaro: The Return takes place 10 years after the original excruciating climb led by Gary Bralow, which raised ?1.5 million for Comic Relief. PRESS ASSOCIATION Photo. Issue date: Friday March 1, 2019. Alexander Armstrong, Osi Umenyiora, Dan Walker, Leigh-Anne Pinnock, Jade Thirlwall, Shirley Ballas, Ed Balls, Anita Rani and Dani Dyer have been climbing Africa's highest mountain in Tanzania to raise money for Comic Relief. Photo credit should read: Chris Jackson/Getty/for Comic Relief/PA Wire NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.
During this years televised Comic Relief efforts, stars climbed to the summit of Kilimanjaro (Picture: Chris Jackson/Getty/for Comic Relief/PA Wire)
The BBC pleaded for donations in the recent fundraising efforts (Picture: BBC)

Tory MP Andrew Bridgen told the newspaper: It is clear that the famously generous British public will not be happy if their donations are merely swelling the reserves of an already well-funded charity.

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It is difficult to see who the reserves are actually aiding, apart from the organisation itself. Im sure that was not where people intended their generous donations to go.

Concerns have therefore raised about how the donations are being spent.

Since the charitys inception in 1985, Comic Relief has raised a grand total of over £1 billion in a bid to rid the world from poverty.

Undated BBC handout of photos behind the scenes of actor Rowan Atkinson and writer Richard Curtis during the filming of One Red Nose Day and a Wedding, one off special film that will premiere exclusively during Red Nose Day 2019 on BBC one on Friday, 15th March. PRESS ASSOCIATION Photo. Issue date: Wednesday February 27, 2019. The short film will reunite the cast of Four Weddings and a Funeral for the first time in 25 years. See PA story SHOWBIZ . Photo credit should read: /BBC/PA Wire For use in UK, Ireland or Benelux countries only NOTE TO EDITORS: Not for use more than 21 days after issue. You may use this picture without charge only for the purpose of publicising or reporting on current BBC programming, personnel or other BBC output or activity within 21 days of issue. Any use after that time MUST be cleared through BBC Picture Publicity. Please credit the image to the BBC and any named photographer or independent programme maker, as described in the caption.
One skit reunited the cast of Four Weddings And A Funeral (Picture: Comic Relief/PA/BBC)

Comic Relief 2019 raised a total over £63 million with televised efforts including a celebrity climb to the summit of Kilimanjaro and a reunion for the cast of rom-com Four Weddings And A Funeral.

However, the total was down from 2017, which raised over £70 million. The 2018 Sport Relief effort raised £38 million during their live TV event.

The 2019 ComiRead More

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