SOCIAL TECH TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £420,875 for the year, resulting in a decrease in total funds from £3.57m to £3.15m. However, the trustees confirm the balance sheet position remains strong with £1.1m in free unrestricted reserves, which exceeds the stated minimum policy target of £275k. The charity is audited by EVMS Partners LLP, who issued an unqualified opinion confirming the financial statements give a true and fair view.
What the accounts disclose
“The Trustees believe that a minimum level of unrestricted funds should be maintained at £275k to cover operational expenses.” — page 25
Corporate structure
- Registered company of the charity Companies House 06578379
Trustees
- Maria Aleksandra Slowinska Nelson
- Mehjabeen Patrick
- Nicholas Wise
- Nicolas Mark Alexander Temple
- Robert Tashima
- Russell Ian Johnstone
- Sunil Suri
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £244k | £664k |
| 31/03/2024 | £267k | £700k |
| 31/03/2023 | £169k | £638k |
| 31/03/2022 | £358k | £563k |
| 31/03/2021 | £389k | £698k |
Common questions
Is SOCIAL TECH TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £420,875 for the year, resulting in a decrease in total funds from £3.57m to £3.15m. However, the trustees confirm the balance sheet position remains strong with £1.1m in free unrestricted reserves, which exceeds the stated minimum policy target of £275k. The charity is audited by EVMS Partners LLP, who issued an unqualified opinion confirming the financial statements give a true and fair view. Its FY2025 accounts were audited by EVMS Partners LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WAR ON WANT | 1 | £367k |
| THE HELPING FOUNDATION | 1 | £307k |
| THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION | 1 | £131k |
| JOFFE CHARITABLE TRUST CIO | 1 | £95k |
| FINANCE INNOVATION LAB | 1 | £20k |
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | 1 | £13k |
| Able Child Africa | 1 | £13k |
| MRS WINGFIELD'S CHARITABLE TRUST | 1 | £3k |