ENGINEERS AGAINST POVERTY
*Extractive Industry*Procurement*Health and Safety*Engineering education
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £519,280, with the trustees considering £303,822 to be free reserves available for charitable objectives. The trustees report that reserves are sufficient to cover six months of operating costs and other commitments, and the going concern assessment confirms sufficient resources to meet liabilities for at least twelve months.
What the accounts disclose
“The new reserves figure will cover six months operating costs, our office lease and other commitments.”
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2023) to "above" (FY2024).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Richard Ralph Threlfallchair
- Catherine Louise Jaafar
- GEORGE OFORI
- JOANNE DOWNHAM ACMA ACIS
- Mark Harvey
- RONALD BASIL WATERMEYER
- Richard Bayfield
- Rupert Sydenham
- SARAH LETITIA CAROLINE COOPER
- Tina Elisabeth Lilly Gunnarsson
- Vinay Sharma
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.1m |
| 31/12/2023 | £583k | £623k |
| 31/12/2022 | £393k | £491k |
| 31/12/2021 | £458k | £552k |
| 31/12/2020 | £479k | £662k |
Common questions
Is ENGINEERS AGAINST POVERTY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £519,280, with the trustees considering £303,822 to be free reserves available for charitable objectives. The trustees report that reserves are sufficient to cover six months of operating costs and other commitments, and the going concern assessment confirms sufficient resources to meet liabilities for at least twelve months. Its FY2024 accounts were audited by Magma Audit LLP.
Who funds ENGINEERS AGAINST POVERTY?
Funders whose own accounts filings name ENGINEERS AGAINST POVERTY as a grant recipient include THE INSTITUTION OF CIVIL ENGINEERS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE INSTITUTION OF CIVIL ENGINEERS | FY2022 | £118k | Building resilience through participation – Mapping interdependencies and climate-related risks of infrastructure systems in Uganda |
| THE INSTITUTION OF CIVIL ENGINEERS | FY2023 | £25k | Building resilience through participation – Mapping interdependencies and climate-related risks of infrastructure systems in Uganda |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £14k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £9k |
| The Parochial Church Council of Godalming Minster | 1 | £2k |
Charities like this
- COMBATING POVERTY THROUGH EDUCATION
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
- THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND
- INSTITUTE OF CAST METALS ENGINEERS
- THE COMPANY OF CHARTERED SURVEYORS CHARITABLE TRUST FUND (1992)
- MECHANICS FOR AFRICA
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ENGINEERS AGAINST POVERTY | £1.3m | — | — | above | — | no doubt |
| COMBATING POVERTY THROUGH EDUCATION | £600k | — | 0 | above | — | no doubt |
| SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD | £3.1m | — | — | below | — | no doubt |
| THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND | £219k | — | 0 | within | — | no doubt |
| INSTITUTE OF CAST METALS ENGINEERS | £296k | — | 0 | unclear | — | no doubt |
| THE COMPANY OF CHARTERED SURVEYORS CHARITABLE TRUST FUND (1992) | £463k | — | 0 | unclear | 0.0% | no doubt |