PORTICUS UK

Registered charity 1069245 · accounts filings on the Charity Commission register · also known as THE DERWENT CHARITABLE CONSULTANCY

The objects of the charity are to advance the education of charity trustees; to improve the management of charities; and to help charities in the most effective use of their resources.

Causes: General Charitable Purposes · website · Get email alerts

Latest income

£1.5m

Latest spending

£1.5m

Registered

1998

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity is preparing its financial statements on a break-up basis due to planned dissolution in 2025. Per the trustees' report, unrestricted reserves stood at £80,211, with all income of £1,501,319 derived from the parent entity, Porticus Amsterdam C.V.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Porticus Amsterdam C.V. (100% of income)

“The company received income of £1,501,344 (2023: £1,679,963) from Porticus Amsterdam C.V., its sole member” — page 22

Per its FY2024 accounts as filed with the Charity Commission.

Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)

“The financial statements for the year ended 31 December 2024 have been prepared on a non-going concern basis. This is due to plans by the Board of Directors to formally dissolve the company in 2025, with the dissolution expected to be completed by end 2025.” — page 9

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: COFRA G.B. Limited, a related party by virtue of one or more common directors, invoiced the company £283,200 (2023: £255,149) for rental, facilities and other expenses of the office.

“COFRA G.B. Limited, a related party by virtue of one or more common directors, invoiced the company £283,200 (2023: £255,149) for rental, facilities and other expenses of the office. The amount owed by the company at the Balance Sheet date was ENil (2023: £Nil). Fees of £Nil were invoiced by COFRA G.B. Limited for payroll and related services during the year (2023: £Nil). Accounting services are provided by COFRA G.B. Limited at no cost.” — page 22

“The company received income of £1,501,344 (2023: £1,679,963) from Porticus Amsterdam C.V., its sole member, including deferred income of ENil (2023: ENil). There was an amount of ENil (2023: £57,596) owed to the company at the Balance Sheet date in relation to an invoice issued at the year end.” — page 22

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: The company received income of £1,501,344 (2023: £1,679,963) from Porticus Amsterdam C.V., its sole member, including deferred income of ENil (2023: ENil).

“COFRA G.B. Limited, a related party by virtue of one or more common directors, invoiced the company £283,200 (2023: £255,149) for rental, facilities and other expenses of the office. The amount owed by the company at the Balance Sheet date was ENil (2023: £Nil). Fees of £Nil were invoiced by COFRA G.B. Limited for payroll and related services during the year (2023: £Nil). Accounting services are provided by COFRA G.B. Limited at no cost.” — page 22

“The company received income of £1,501,344 (2023: £1,679,963) from Porticus Amsterdam C.V., its sole member, including deferred income of ENil (2023: ENil). There was an amount of ENil (2023: £57,596) owed to the company at the Balance Sheet date in relation to an invoice issued at the year end.” — page 22

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Cooper Parry Group Limited. Discloses 3 of 6 completeness components.

Year-over-year changes

Going concern: no going-concern doubt (FY2023) → not a going concern (FY2024).

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/12/2024)

Total income

£1.5m

Total spending

£1.5m

Reserves (reported)

£80k

Employees

Reported reserves equal ~0.6 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

MARK CONRAD LOUIS BRENNINKMEYERchair
Dennis Brenninkmeijer
JOHN DRURY
MR BERT BRENNINKMEIJER

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2024	£1.5m	£1.5m
31/12/2023	£1.7m	£1.7m
31/12/2022	£1.5m	£1.5m
31/12/2021	£1.1m	£1.1m
31/12/2020	£1.0m	£1.0m

Common questions

Is PORTICUS UK financially healthy?

Per its FY2024 accounts: The accounts state that the charity is preparing its financial statements on a break-up basis due to planned dissolution in 2025. Per the trustees' report, unrestricted reserves stood at £80,211, with all income of £1,501,319 derived from the parent entity, Porticus Amsterdam C.V. Its FY2024 accounts were audited by Cooper Parry Group Limited.

Who funds PORTICUS UK?

Funders whose own accounts filings name PORTICUS UK as a grant recipient include DIVINE RENOVATION UK.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
DIVINE RENOVATION UK	FY2022	£0	Missional support

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE WESTMINSTER FOUNDATION	1	£143k
CURIOUS MINDS	1	£38k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SIR JOHN PORT'S CHARITY.

SIR JOHN PORT'S CHARITY income £35.9m
THE PORTO CHARITABLE TRUST income £70k
Theatre Porto income £572k
THE PORTRACK CHARITABLE TRUST income £576k
The Portal Trust income £8.2m
LITTLEPORT TOWN LANDS CHARITY income £152k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
PORTICUS UK	£1.5m	—	—	unclear	—	not going concern
SIR JOHN PORT'S CHARITY FY2025	£35.9m	—	—	unclear	—	no doubt
THE PORTO CHARITABLE TRUST FY2026	£70k	—	0	unclear	—	no doubt
Theatre Porto FY2025	£572k	—	0	unclear	—	no doubt
THE PORTRACK CHARITABLE TRUST FY2024	£576k	—	0	unclear	—	no doubt
The Portal Trust FY2025	£8.2m	—	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.