N.F.F.O TRAINING TRUST FUND
Latest income
£104k
Latest spending
£16k
Registered
2000
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with unrestricted cash reserves of £227,240, a surplus from the previous year's shortfall. The trustees aim to maintain reserves sufficient to cover grants and governance costs, with a fallback arrangement for liabilities involving connected entities.
What the accounts disclose
Reserves policy: a level which will provide sufficient funds to respond to applications for grants and to cover support and governance costs (held: £227k)
“The trustees aim to maintain cash reserves at a level which will provide sufficient funds to respond to applications for grants and to cover support and governance costs.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: N.F.F.O. Services Limited, a company where trustee A P Delahunty is a director, made a donation of £100,000 to the charity.
“The Board of N.F.F.O. Services Limited decided to make a donation of £100,000 to the charity during the year. This payment was received on 14 June 2024.”
“The National Federation of Fishermen's Organisation Limited has provided the charity with financial assistance through donations in prior years.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The National Federation of Fishermen's Organisation Limited, a company where trustees R M Casson and A P Delahunty are directors, has provided financial assistance through donations in prior years.
“The Board of N.F.F.O. Services Limited decided to make a donation of £100,000 to the charity during the year. This payment was received on 14 June 2024.”
“The National Federation of Fishermen's Organisation Limited has provided the charity with financial assistance through donations in prior years.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Anthony Peter Delahunty
- Barrie Chisholm Deas
- Michael John Cohen
- Nigel Gooding CBE
- Stewart Norman Harper
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £104k | £16k |
| 31/12/2023 | £3k | £48k |
| 31/12/2022 | £100k | £111k |
| 31/12/2021 | £100k | £99k |
| 31/12/2020 | £100k | £5k |
Common questions
Is N.F.F.O TRAINING TRUST FUND financially healthy?
The accounts state that the charity ended the year with unrestricted cash reserves of £227,240, a surplus from the previous year's shortfall. The trustees aim to maintain reserves sufficient to cover grants and governance costs, with a fallback arrangement for liabilities involving connected entities. Its FY2024 accounts were independently examined.