AMANA TRUST
Latest income
£3.1m
Latest spending
£3.3m
Registered
2002
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £1,845,200 for the year, driven by a significant increase in donation income. Per the trustees' report, available unrestricted reserves were £10,648,334, which exceeds the stated policy target of approximately £200,000 (three months' net operating expenditure). The trustees confirm the charity is a going concern with adequate resources to continue operations.
What the accounts disclose
Related-party transaction: Amana Trust paid £24k to Living Stream Ministry for publications and received £45.5k for translation support.
“During the year, Amana Trust paid £24k (2022: £62k) to Living Stream Ministry, which related to the purchase of publications for resale in the Charity’s bookshop and received £45.5k (2022: £147.6k), which was received as support for employees of Amana Trust who translate and typeset Living Stream Ministry publications.” — page 32
“During the year, Amana Trust received £905k (2022: £813k) from the Church in Houston, of which £377k was restricted for use on the UK building project, and £528k was restricted for use as support for Christian workers employed by Amana Trust.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Amana Trust received £905k from the Church in Houston, restricted for building project and worker support.
“During the year, Amana Trust paid £24k (2022: £62k) to Living Stream Ministry, which related to the purchase of publications for resale in the Charity’s bookshop and received £45.5k (2022: £147.6k), which was received as support for employees of Amana Trust who translate and typeset Living Stream Ministry publications.” — page 32
“During the year, Amana Trust received £905k (2022: £813k) from the Church in Houston, of which £377k was restricted for use on the UK building project, and £528k was restricted for use as support for Christian workers employed by Amana Trust.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Amana Trust received £78.2k from the Church in London for rent, tuition, events, and meals.
“During the year, Amana Trust paid £24k (2022: £62k) to Living Stream Ministry, which related to the purchase of publications for resale in the Charity’s bookshop and received £45.5k (2022: £147.6k), which was received as support for employees of Amana Trust who translate and typeset Living Stream Ministry publications.” — page 32
“During the year, Amana Trust received £905k (2022: £813k) from the Church in Houston, of which £377k was restricted for use on the UK building project, and £528k was restricted for use as support for Christian workers employed by Amana Trust.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Two family members of a Trustee were employed, receiving £31,638 in remuneration.
“During the year, Amana Trust paid £24k (2022: £62k) to Living Stream Ministry, which related to the purchase of publications for resale in the Charity’s bookshop and received £45.5k (2022: £147.6k), which was received as support for employees of Amana Trust who translate and typeset Living Stream Ministry publications.” — page 32
“During the year, Amana Trust received £905k (2022: £813k) from the Church in Houston, of which £377k was restricted for use on the UK building project, and £528k was restricted for use as support for Christian workers employed by Amana Trust.”
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£3.1m
Total spending
£3.3m
Reserves (reported)
£502k
Employees
68
Trustees
- JOSEPH DAVISchair
- CURTIS JAMES KENNARD
- Dr DENNIS CARL OTTO SZUBERT
- Fergus Ka-choe Fung
- James Wallis Batten
- PAUL COOKE
- William Edgar Lewallen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.1m | £3.3m |
| 31/12/2023 | £5.1m | £3.3m |
| 31/12/2022 | £3.7m | £2.9m |
| 31/12/2021 | £2.9m | £2.8m |
| 31/12/2020 | £4.1m | £3.0m |
Common questions
Is AMANA TRUST financially healthy?
The accounts state that the charity reported a net surplus of £1,845,200 for the year, driven by a significant increase in donation income. Per the trustees' report, available unrestricted reserves were £10,648,334, which exceeds the stated policy target of approximately £200,000 (three months' net operating expenditure). The trustees confirm the charity is a going concern with adequate resources to continue operations. Its FY2023 accounts were audited by Ensors Accountants LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| THE PWC FOUNDATION | 1 | £15k |
| GLOBAL REACH | 1 | £6k |
| Evelyn Partners Charitable Trust | 1 | £0 |