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GOLDHEART CHARITY LIMITED

Registered charity 1127178 · accounts filings on the Charity Commission register

Latest income
£458k
Latest spending
£320k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £3,968,468, which the trustees consider appropriate given future commitments. The auditor confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reported a net income of £426,918 for the year, driven by investment gains and donations.

What the accounts disclose

Reserves policy: a level which the Trustees think appropriate after considering the future commitments of the Charity and the likely costs of the Charity for the next year (held: £4.0m)
“It is the policy of the Charity to maintain unrestricted funds, which are the free reserve of the Charity, at a level which the Trustees think appropriate after considering the future commitments of the Charity and the likely costs of the Charity for the next year.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 5
“Donations received include amounts of £64,000 received from a company which has Directors connected to the Trustees of the Charity. Donations of £80,000 were also received from the Trustees.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Shoestone Limited
“The charity owns 100% of the ordinary shares of Shoestone Limited (Company No. 07843692), a company incorporated and registered in England and Wales.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Cohen Arnold.

Structured financials (annual return, FY ending 31/12/2021)

Total income
£549k
Total spending
£1.2m
Cost of raising funds
£90k
Reserves (reported)
£4.0m
Employees
0

Reported reserves equal ~41.9 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£458k£320k
31/12/2023£398k£552k
31/12/2022£402k£843k
31/12/2021£549k£1.2m
31/12/2020£1.7m£476k

Common questions

Is GOLDHEART CHARITY LIMITED financially healthy?

The accounts state that the charity holds unrestricted reserves of £3,968,468, which the trustees consider appropriate given future commitments. The auditor confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reported a net income of £426,918 for the year, driven by investment gains and donations. Its FY2024 accounts were audited by Cohen Arnold.

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
SABENO LIMITED1£10k
THE RISHY CHARITABLE TRUST1£5k

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE GOLDERS CHARITABLE TRUST.