THE ANGLO-AMERICAN CHARITY LIMITED
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves decreased to £138,785 from £421,773 in the prior year, following a net movement in funds decrease of £282,988. The trustees consider the financial position satisfactory despite donation income falling to £1,355,351, noting that the risk of adverse cash flow is mitigated by low support costs. The trustees have determined that no reserves policy is currently needed as the charity has no fixed costs or forward obligations.
What the accounts disclose
“During the year, the charity made payments of £3,600 (2022: £3,750) for use of office, to Horwich Law (US) Limited, a company of which Stuart Horwich is a director.” — page 25
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Alexander William Ripoll Eichhorn
- Joshua James Watts
- STUART EVAN HORWICH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.5m | £2.2m |
| 31/12/2023 | £1.4m | £1.6m |
| 31/12/2022 | £1.6m | £2.7m |
| 31/12/2021 | £2.7m | £1.7m |
| 31/12/2020 | £2.5m | £2.1m |
Common questions
Is THE ANGLO-AMERICAN CHARITY LIMITED financially healthy?
The accounts state that unrestricted reserves decreased to £138,785 from £421,773 in the prior year, following a net movement in funds decrease of £282,988. The trustees consider the financial position satisfactory despite donation income falling to £1,355,351, noting that the risk of adverse cash flow is mitigated by low support costs. The trustees have determined that no reserves policy is currently needed as the charity has no fixed costs or forward obligations. Its FY2023 accounts were audited by Blick Rothenberg Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JMCMRJ SORRELL FOUNDATION | 2 | £150k |
| IGF TRANSATLANTIC LIMITED | 1 | £6.1m |
| THE P27 TRUST | 1 | £1.3m |
| MAGNIFY FOUNDATION | 1 | £213k |
| FIRSTFRUITS GOSPEL FOUNDATION | 1 | £124k |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 1 | £80k |
| B K CHARITABLE TRUST | 1 | £72k |
| THE CORNERSTONE WORKS LTD | 1 | £38k |