SACAR
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £53,826 for the year ended 31 March 2023, resulting in a decrease in free reserves to £437,046. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, citing the reserves buffer as providing breathing space to secure further funding.
What the accounts disclose
“Reserves needed to secure continuation of six months operating should be approximately E500,000 and are currently held at €437,046.” — page 8
“During the year Sacar provided funds of E860,000 (2022€830,000) through a service level agreement to enable this service to be provided by SAS.” — page 22
“Paul Donaldson is a director of SAS and the manager of Sacar and is therefore a related party” — page 22
“During the year Sacar provided funds of E860,000 (2022€830,000) through a service level agreement to enable this service to be provided by SAS.” — page 22
“Paul Donaldson is a director of SAS and the manager of Sacar and is therefore a related party” — page 22
“During the year Sacar provided funds of E860,000 (2022€830,000) through a service level agreement to enable this service to be provided by SAS.” — page 22
“Paul Donaldson is a director of SAS and the manager of Sacar and is therefore a related party” — page 22
“During the year Sacar provided funds of E860,000 (2022€830,000) through a service level agreement to enable this service to be provided by SAS.” — page 22
“Paul Donaldson is a director of SAS and the manager of Sacar and is therefore a related party” — page 22
“During the year Sacar provided funds of E860,000 (2022€830,000) through a service level agreement to enable this service to be provided by SAS.” — page 22
“Paul Donaldson is a director of SAS and the manager of Sacar and is therefore a related party” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Janice Wealechair
- Dawn Crabtree
- JOHN CASSIDY
- Jacqui Rowland
- Kelvin Ellison
- Philip Rowland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.2m |
| 31/03/2024 | £1.1m | £1.2m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £1.2m | £1.0m |
| 31/03/2021 | £1.1m | £887k |
Common questions
Is SACAR financially healthy?
The accounts state that the charity reported a deficit of £53,826 for the year ended 31 March 2023, resulting in a decrease in free reserves to £437,046. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, citing the reserves buffer as providing breathing space to secure further funding. Its FY2023 accounts were audited by Andrew S Parker.