ADVOCATES FOR INTERNATIONAL DEVELOPMENT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £83,655 for the year ended 31 August 2024, with total income of £3.113 million. Per the trustees' report, unrestricted general reserves stood at £200,000, which the charity considers to be in line with its policy of holding six months' cover, while total funds carried forward were £882,513.
What the accounts disclose
“Three members of staff earned more than £60,000 (2023; two)” — page 45
“The A4ID Reserves Policy is flexible and risk-based, specifying the level of reserves to be held to maintain three to six months general expenditure.” — page 27
“CMS UK was a legal partner paying an annual contribution, an education client and was reimbursed for activity expenditure.”
Structured financials (annual return, FY ending 31/08/2024)
Trustees
- JANE MCCORMICKchair
- BIRGIT ISABEL NEU
- JESSICA CATHERINE GLADSTONE
- Michael Adam Rudd
- ROGER GEORGE LEESE
- Richard Bamforth
- SUNITA BHAMBRI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2024 | £3.1m | £3.2m |
| 31/08/2023 | £2.7m | £2.7m |
| 31/08/2022 | £1.8m | £1.5m |
| 31/08/2021 | £1.1m | £939k |
| 31/08/2020 | £1.2m | £1.1m |
Common questions
Is ADVOCATES FOR INTERNATIONAL DEVELOPMENT financially healthy?
The accounts state that the charity reported a net deficit of £83,655 for the year ended 31 August 2024, with total income of £3.113 million. Per the trustees' report, unrestricted general reserves stood at £200,000, which the charity considers to be in line with its policy of holding six months' cover, while total funds carried forward were £882,513. Its FY2024 accounts were audited by Chariot House Limited.