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SOKA GAKKAI INTERNATIONAL - UK

Registered charity 1104491 · accounts filings on the Charity Commission register

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Latest income
£3.2m
Latest spending
£4.1m
Registered
2004
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net movement in funds of £1,872,888 for the year ended 31 December 2023, driven by significant gains on the revaluation of investments. Per the trustees' report, free reserves of £1,457,314 were held, representing 5.4 months of operating costs, which the trustees consider adequate but not excessive against their policy target of three to six months.

What the accounts disclose

Reserves policy: three to six months operating costs (held: £1.5m)
“it is the current policy of the trustees to endeavour to build up a reserve of unrestricted funds equal to three to six months operating costs”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustees donated to the charity
“During the year trustees donated a total of £17,605 (2022: £13,160) to the charity.” — page 46
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Haysmacintyre LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£3.2m
Total spending
£4.1m
Reserves (reported)
£1.2m
Employees
39

Reported reserves equal ~3.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£3.2m£4.1m
31/12/2023£3.3m£3.8m
31/12/2022£2.6m£3.4m
31/12/2021£2.4m£3.3m
31/12/2020£2.5m£3.3m

Common questions

Is SOKA GAKKAI INTERNATIONAL - UK financially healthy?

The accounts state that the charity reported a net movement in funds of £1,872,888 for the year ended 31 December 2023, driven by significant gains on the revaluation of investments. Per the trustees' report, free reserves of £1,457,314 were held, representing 5.4 months of operating costs, which the trustees consider adequate but not excessive against their policy target of three to six months. Its FY2023 accounts were audited by Haysmacintyre LLP.