THE INGRAM TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure loss of £426,851 for the year, driven by charitable grants exceeding investment income. The trustees confirmed there were no free reserves at the year-end and noted that the unrestricted Income Fund was in deficit, which is corrected by transfers from the unrestricted Capital Fund. Despite the deficit, the trustees consider the adoption of the going concern basis appropriate as forecast reserves are sufficient to cover budgeted expenditure.
What the accounts disclose
“There were no free reserves at the year-end.” — page 9
Trustees
- CLARE MARY MAURICE
- Christopher John Ingram
- JANET ELIZABETH INGRAM
- Jonathan Devereax Ingram
- Kathryn Elizabeth Ingram-Rye
- SALLY JANE INGRAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £221k | £840k |
| 05/04/2024 | £183k | £533k |
| 05/04/2023 | £173k | £600k |
| 05/04/2022 | £140k | £819k |
| 05/04/2021 | £153k | £765k |
Common questions
Is THE INGRAM TRUST financially healthy?
The accounts state that the charity reported a net expenditure loss of £426,851 for the year, driven by charitable grants exceeding investment income. The trustees confirmed there were no free reserves at the year-end and noted that the unrestricted Income Fund was in deficit, which is corrected by transfers from the unrestricted Capital Fund. Despite the deficit, the trustees consider the adoption of the going concern basis appropriate as forecast reserves are sufficient to cover budgeted expenditure. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Wavertree Education Trust Limited | 1 | £12k |