RUTH SMART FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £6,165,167.77, which the trustees consider prudent to maintain current expenditure levels. The charity reported a net outgoing from activities of £121,111.61, driven by significant investment losses, resulting in a decrease in total fund value for the year. The trustees confirm that resources are adequate to continue operations at the same level in the following year.
What the accounts disclose
Trustees
- Wilfrid Edward Vernor-Mileschair
- David Peter Orr
- JOHN CROSFIELD VERNOR-MILES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £171k | £279k |
| 31/12/2023 | £159k | £273k |
| 31/12/2022 | £153k | £274k |
| 31/12/2021 | £141k | £289k |
| 31/12/2020 | £130k | £239k |
Common questions
Is RUTH SMART FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £6,165,167.77, which the trustees consider prudent to maintain current expenditure levels. The charity reported a net outgoing from activities of £121,111.61, driven by significant investment losses, resulting in a decrease in total fund value for the year. The trustees confirm that resources are adequate to continue operations at the same level in the following year. Its FY2022 accounts were independently examined.
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