SEAN DEVEREUX CHILDREN'S FUND
Financial health, per its FY2023 accounts
The charity reported a modest surplus of £721 for the year, with total net income of £46,959 against total expenditure of £46,238. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Free reserves of £53,337 were held, which the trustees stated is in line with their reserves policy.
What the accounts disclose
“The trustees do not require substantial reserves to fulfil their objectives, but consider a cash reserve of £50,000 on the General Fund is sufficient to cover any emergency grants the trustees may wish to make.” — page 7
“During the year Trustees were reimbursed for travel & other costs amounting to £ 1,381 (2022: £6,402) incurred in connection with the Trust’s affairs. Various Trustees also donated £1,320 (2022: £1,896) during the course of the year.” — page 16
Trustees
- IAIN MCGRORY
- MARK CHATTERTON
- MARK LOUCH
- MAUREEN DEVEREUX
- Nicholas Crean
- SUZANNE LAMBERT
- Stephen Michael Dean
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £213k | £43k |
| 31/12/2023 | £47k | £46k |
| 31/12/2022 | £42k | £53k |
| 31/12/2021 | £37k | £39k |
| 31/12/2020 | £85k | £35k |
Common questions
Is SEAN DEVEREUX CHILDREN'S FUND financially healthy?
The charity reported a modest surplus of £721 for the year, with total net income of £46,959 against total expenditure of £46,238. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Free reserves of £53,337 were held, which the trustees stated is in line with their reserves policy. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PENNIES FOUNDATION | 2 | £74k |
| THE BATCHWORTH TRUST | 2 | £60k |
| THE DE BRYE CHARITABLE TRUST | 2 | £8k |
| VODAFONE FOUNDATION | 1 | — |
| MAKERS OF PLAYING CARDS CHARITY | 1 | — |
| The Ethos Foundation | 1 | £1.8m |
| GOLDMAN SACHS GIVES (UK) | 1 | £1.0m |
| THE ARSENAL FOUNDATION | 1 | £526k |