MRS ELDA CARAPIET'S 1961 SETTLEMENT
To benefit Armenian Patriarchate of Jerusalem for the purpose of the education and advancement in life of Armenian children.
Financial health, per its FY2025 accounts
The accounts state that free reserves increased to £109,361 from £81,695 in the prior year, supported by investment income of £774,223. The charity holds an expendable endowment valued at £1,230,620 and maintains a policy of keeping free reserves to cover future needs and contingencies. No grants were awarded during the period, and the independent examiner reported no material concerns regarding the accounts.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 29/04/2025 | £36k | £13k |
| 29/04/2024 | £32k | £11k |
| 29/04/2023 | £27k | £6k |
| 29/04/2022 | £19k | £6k |
| 29/04/2021 | £16k | £23k |
Common questions
Is MRS ELDA CARAPIET'S 1961 SETTLEMENT financially healthy?
Per its FY2025 accounts: The accounts state that free reserves increased to £109,361 from £81,695 in the prior year, supported by investment income of £774,223. The charity holds an expendable endowment valued at £1,230,620 and maintains a policy of keeping free reserves to cover future needs and contingencies. No grants were awarded during the period, and the independent examiner reported no material concerns regarding the accounts. Its FY2025 accounts were independently examined.