RHODI CHARITABLE TRUST
Latest income
£184k
Latest spending
£525k
Registered
2000
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,131,282, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net expenditure of £201,159 for the year, resulting in a decrease in fund balances from the previous year.
What the accounts disclose
Reserves policy: three and six month’s expenditure (held: £1.1m)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Asif Bux
- Firoz Ibrahim Bux
- HAMIDA BUX
- IBRAHIM VALI BUX
- Rizwan Bux
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £184k | £525k |
| 31/12/2023 | £340k | £398k |
| 31/12/2022 | £142k | £113k |
| 31/12/2021 | £146k | £121k |
| 31/12/2020 | £152k | £147k |
Common questions
Is RHODI CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £1,131,282, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net expenditure of £201,159 for the year, resulting in a decrease in fund balances from the previous year. Its FY2024 accounts were independently examined.