CLASSQUOTE LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity's financial position is satisfactory, with unrestricted funds aggregating £7,958,817 at the year-end. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reported a net expenditure for the year, reducing its total funds from £8,029,447 to £7,958,817.
What the accounts disclose
“It is the policy of the Charitable Company to maintain unrestricted funds, which include the free reserves of the charity, at a level which the trustees consider appropriate, taking into account the future commitments of the charity and the likely costs of the charity for the next year.” — page 5
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £309k | £285k |
| 31/03/2024 | £341k | £370k |
| 31/03/2023 | £334k | £330k |
| 31/03/2022 | £262k | £231k |
| 31/03/2021 | £296k | £308k |
Common questions
Is CLASSQUOTE LIMITED financially healthy?
The accounts state that the charity's financial position is satisfactory, with unrestricted funds aggregating £7,958,817 at the year-end. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reported a net expenditure for the year, reducing its total funds from £8,029,447 to £7,958,817. Its FY2023 accounts were audited by Cohen Arnold.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| BELLJOE TZEDOKO LIMITED | 1 | £68k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £48k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| BORBAT LIMITED | 1 | £14k |
| SABENO LIMITED | 1 | £10k |