REDEEMER TRUST LTD
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource of £64,703 for the year, resulting in a surplus. Total unrestricted reserves stood at £158,421, which is above the stated policy target of £56,000 for the Plymouth operational reserve. The trustees confirmed the charity is in a strong financial position with sufficient funds to meet foreseeable needs.
What the accounts disclose
“The total aggregate donations made to the trust during the year by Trustees and related parties came to £50,510 (2023: £60,752)” — page 16
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (07/06/2011)
Trustees
- Christopher Hayter
- Cynthia Stokes
- Grant Peter Van Schalkwyk
- MR ANDY WOOLDRIDGE
- MR TOBY FRIEND
- Matthew Page
- Nicola Clare Willis
- Rebecca Louise Reckless
- Steven John Norris
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £529k | £464k |
| 31/12/2023 | £482k | £409k |
| 31/12/2022 | £397k | £390k |
| 31/12/2021 | £296k | £268k |
| 31/12/2020 | £219k | £210k |
Common questions
Is REDEEMER TRUST LTD financially healthy?
The accounts state that the charity reported a net incoming resource of £64,703 for the year, resulting in a surplus. Total unrestricted reserves stood at £158,421, which is above the stated policy target of £56,000 for the Plymouth operational reserve. The trustees confirmed the charity is in a strong financial position with sufficient funds to meet foreseeable needs. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GRACE CHURCH EXETER | 1 | £3k |