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STC RESEARCH FOUNDATION

Registered charity 1106618 · accounts filings on the Charity Commission register · also known as STC RESEARCH LIMITED

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Latest income
£2.5m
Latest spending
£2.0m
Registered
2004
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the group held unrestricted reserves of £3,367,268, with free reserves available for unrestricted use at £261,785, which equates to approximately 52 days of operating costs. The Trustees consider a reserve of £500,000 or 100 days to be sufficient, indicating that current free reserves are below the stated policy target. The group reported a net income after taxation of £327,638 for the year ended 31 December 2022.

What the accounts disclose

Accounts audited by Azets Audit Services Limited. Discloses 4 of 6 completeness components.

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

Total income
£2.5m
Total spending
£2.0m
Reserves (reported)
£872k
Employees
32

Reported reserves equal ~5.1 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: North Yorkshire

Income and spending

Financial year endIncomeSpending
31/12/2024£2.5m£2.0m
31/12/2023£2.4m£2.1m
31/12/2022£2.2m£2.0m
31/12/2021£1.9m£1.7m
31/12/2020£1.9m£1.3m

Common questions

Is STC RESEARCH FOUNDATION financially healthy?

The accounts state that the group held unrestricted reserves of £3,367,268, with free reserves available for unrestricted use at £261,785, which equates to approximately 52 days of operating costs. The Trustees consider a reserve of £500,000 or 100 days to be sufficient, indicating that current free reserves are below the stated policy target. The group reported a net income after taxation of £327,638 for the year ended 31 December 2022. Its FY2022 accounts were audited by Azets Audit Services Limited.