FORT FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £387,828 for the year ended 28 February 2023, resulting in a decrease in unrestricted funds from £1,837,804 to £1,443,696. The trustees' report notes that the charity's activities are reliant upon corporate donations, none of which were received in the current year. Despite the deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- EDWARD MARTIN DRURY
- IAN WILSON
- JOHN STEPHEN HARTLEY
- peter andrew fort
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £254k | £1.2m |
| 29/02/2024 | £41k | £226k |
| 28/02/2023 | £37k | £425k |
| 28/02/2022 | £339k | £203k |
| 28/02/2021 | £300k | £324k |
Common questions
Is FORT FOUNDATION financially healthy?
The accounts state that the charity reported a net deficit of £387,828 for the year ended 28 February 2023, resulting in a decrease in unrestricted funds from £1,837,804 to £1,443,696. The trustees' report notes that the charity's activities are reliant upon corporate donations, none of which were received in the current year. Despite the deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| National Philanthropic Trust UK Limited | 1 | £2.2m |
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| RACHEL CHARITABLE TRUST | 1 | £50k |
| ATTEND | 1 | £13k |