TRUEMART LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £64,415 at the year end, which the trustees considered sufficient to continue charitable activities. The filing confirms 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 £76,998 in the previous year.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which include the free reserves of the charity, at a level which the governors (trustees) think appropriate, after considering the future commitments of the charity and the likely costs of the charity for the next year.” — page 4
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £133k | £139k |
| 31/03/2024 | £215k | £271k |
| 31/03/2023 | £150k | £163k |
| 31/03/2022 | £164k | £147k |
| 31/03/2021 | £263k | £151k |
Common questions
Is TRUEMART LIMITED financially healthy?
The accounts state that the charity held unrestricted reserves of £64,415 at the year end, which the trustees considered sufficient to continue charitable activities. The filing confirms 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 £76,998 in the previous year. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| C E K STERN CHARITABLE TRUST | 1 | £35k |
| SABENO LIMITED | 1 | £10k |
| ACHIM CHARITY | 1 | £5k |
| J & J CHARITABLE TRUST LIMITED | 1 | £1k |