THE JOHN APTHORP CHARITY
Financial health, per its FY2023 accounts
The accounts state that the charity held free unrestricted reserves of £11,054,086 at year-end, which the trustees confirmed met their policy target of maintaining funds to generate returns for annual grant targets of £450,000. The charity reported a net movement in funds of a deficit, as total expenditure of £395,365 exceeded total income of £377,926. Despite this deficit, the going concern assessment indicates no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“It is the policy of the charity that unrestricted funds should be maintained at a level which will generate investment returns to meet annual grant allocation targets of £450,000 and ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.” — page 4
Corporate structure
- Registered company of the charity Companies House 05004498
Register events
- Received assets from another charity (03/01/2013)
Trustees
- KATE ARNOLD BSC HONSchair
- DUNCAN MARK APTHORP MA CANTAB
- Dr CHRISTINA APTHORP
- Elizabeth Juliet Louisa KILLEN
- James John Arnold
- Jennifer Claire Emma Apthorp
- Justin James Apthorp
- Lucinda Alice Empson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £402k | £592k |
| 31/12/2023 | £378k | £395k |
| 31/12/2022 | £475k | £339k |
| 31/12/2021 | £381k | £253k |
| 31/12/2020 | £361k | £284k |
Common questions
Is THE JOHN APTHORP CHARITY financially healthy?
The accounts state that the charity held free unrestricted reserves of £11,054,086 at year-end, which the trustees confirmed met their policy target of maintaining funds to generate returns for annual grant targets of £450,000. The charity reported a net movement in funds of a deficit, as total expenditure of £395,365 exceeded total income of £377,926. Despite this deficit, the going concern assessment indicates no material uncertainties regarding the charity's ability to continue operations. Its FY2023 accounts were audited by Myers Clark.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £164k |
| THREE PILLARS TRUST | 1 | £71k |
| THE GREAT SHELFORD VILLAGE CHARITY | 1 | £5k |
| The Edge Ministries | 1 | £5k |
| COLCHESTER ZOOLOGICAL SOCIETY | 1 | £1k |