The Family Budget Unit has decided to dissolve itself. The trustees made this decision unanimously at a meeting on July 1 2011. The appropriate notice has been sent to the Registrar of Companies.
In accordance with clause 7 of the Companies memorandum of Association on the dissolution of a company after the payment of all debts and liabilities the surplus funds have been transferred to the Zacchaeus 2000 Trust http://www.z2k.org/ because it has similar objectives to the FBU.
The intellectual property of the FBU has been transferred to the Minimum Income Standards project http://www.minimumincomestandard.org/ at the University of Loughborough who, with the support of the Joseph Rowntree Foundation http://www.jrf.org.uk/, continue to research and publish budget standards.
This website will remain open for the time-being because it contains links to FBU publications. These are in the process of being archived in the British Library.
Hermione Parker died on 11 July 2007.
Mimi Parker was founder, Trustee and inspiration of the Family Budget Unit and for many years served as its Director and driving force. She contributed to the book published by Ashgate in 1993 and was reponsible for the two reports on budget standards for families in 1998 and pensioners in 2000, both published by Policy Press. She also did the budgets for Muslim families and low paid families in the East End of London in 2001.
The Family Budget Unit (FBU) is an educational charity (No 298813) and private limited company (No 221 1830), founded in 1987, with three objectives: