THE ARCHANGEL TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £264,580 for the year ended 31 March 2023, with total unrestricted reserves (general and designated) amounting to £656,984. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting.
What the accounts disclose
“Trustees have designated all other unrestricted surplus funds to be used for the school's capital and other projects.” — page 4
Trustees
- ANGELA WALSH
- Anna Shireen Ghobadian
- Claire Blunt
- Dominic Giacon
- FUNKE AJIBADE
- ROGER TICHBORNE
- TRACEY O'SHEA
- Ursula Mary Morrissey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £224k | £197k |
| 31/03/2024 | £209k | £248k |
| 31/03/2023 | £270k | £5k |
| 31/03/2022 | £268k | £161k |
| 31/03/2021 | £279k | £206k |
Common questions
Is THE ARCHANGEL TRUST financially healthy?
The accounts state that the charity reported a surplus of £264,580 for the year ended 31 March 2023, with total unrestricted reserves (general and designated) amounting to £656,984. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. Its FY2023 accounts were independently examined.
Who funds THE ARCHANGEL TRUST?
Funders whose own accounts filings name THE ARCHANGEL TRUST as a grant recipient include THE SISTERS OF THE POOR CHILD JESUS.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE SISTERS OF THE POOR CHILD JESUS | FY2022 | £3k |