Charity Accounts Intelreading the accounts so you don’t have to

The CO Research Trust

Registered charity 1110624 · accounts filings on the Charity Commission register · also known as THE CORGI TRUST, THE GAS SAFETY TRUST

Latest income
£891k
Latest spending
£1.1m
Registered
2005
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net movement in funds of £490,291 for the year ended 31 March 2024, resulting in total unrestricted funds of £4,598,976. The trustees confirmed that free reserves of £917,685 exceeded their stated policy target of maintaining reserves equivalent to committed grant expenditure plus approximately 24 months of forward operating expenditure. The going concern basis was adopted with no material uncertainties identified by the auditors.

What the accounts disclose

Reserves policy: committed grant expenditure plus approximately 24 months of forward operating expenditure (held: £918k)
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to committed grant expenditure plus approximately 24 months of forward operating expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Corgi Services Limited
“The charity holds 100% of the ordinary shares of Corgi Services Limited, a company incorporated in England and whose principal activity is brand and data licensing.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Xeinadin Audit Limited.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£891k
Total spending
£1.1m
Cost of raising funds
£419k
Reserves (reported)
£4.3m
Employees
6

Reported reserves equal ~47.2 months of spending — in the top quarter for charities its size (median 5.2 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
31/03/2025£891k£1.1m
31/03/2024£843k£626k
31/03/2023£798k£1.6m
31/03/2022£765k£845k
31/03/2021£983k£936k

Common questions

Is The CO Research Trust financially healthy?

The accounts state that the charity reported a net movement in funds of £490,291 for the year ended 31 March 2024, resulting in total unrestricted funds of £4,598,976. The trustees confirmed that free reserves of £917,685 exceeded their stated policy target of maintaining reserves equivalent to committed grant expenditure plus approximately 24 months of forward operating expenditure. The going concern basis was adopted with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by Xeinadin Audit Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE PRINTING CHARITY1£80k
THE EVAN CORNISH FOUNDATION1£10k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BRIDE FLEET STREET1£300

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GAS SAFE CHARITY.