THE A123 TRUST
Financial health, per its FY2023 accounts
The accounts state that total funds increased to £671,910 from £654,724 in the prior year, driven by a net income of £17,186. The charity holds unrestricted reserves of £571,910 and restricted funds of £100,000, with no stated reserves policy target provided in the document. The independent examiner confirmed that accounting records were kept and accounts accorded with those records, with no material matters requiring attention.
What the accounts disclose
Trustees
- AZRA AWAN
- HALIMAH BHATTI
- Mohammad Ali Awan
- SHAFKET DEEN AWAN
- SHAMAS DEEN AWAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £158k | £123k |
| 31/03/2024 | £109k | £74k |
| 31/03/2023 | £72k | £55k |
| 31/03/2022 | £65k | £63k |
| 31/03/2021 | £75k | £46k |
Common questions
Is THE A123 TRUST financially healthy?
The accounts state that total funds increased to £671,910 from £654,724 in the prior year, driven by a net income of £17,186. The charity holds unrestricted reserves of £571,910 and restricted funds of £100,000, with no stated reserves policy target provided in the document. The independent examiner confirmed that accounting records were kept and accounts accorded with those records, with no material matters requiring attention. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COLEFAX CHARITABLE TRUST | 1 | £6k |