THE STERLING CHARITY
Financial health, per its FY2022 accounts
The accounts state that unrestricted funds decreased from £16,115,535 to £14,818,864 due to a net movement in funds of £(1,296,671), driven by charitable expenditures of £157,066 and significant unrealised investment losses. The trustees confirm that reserves are sufficient to meet requirements for at least 12 months and that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- ELTON SHANE
- Paul David Hunston
- Warren Matthews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £160k | £301k |
| 31/12/2023 | £179k | £263k |
| 31/12/2022 | £115k | £261k |
| 31/12/2021 | £79k | £247k |
| 31/12/2020 | £152k | £306k |
Common questions
Is THE STERLING CHARITY financially healthy?
The accounts state that unrestricted funds decreased from £16,115,535 to £14,818,864 due to a net movement in funds of £(1,296,671), driven by charitable expenditures of £157,066 and significant unrealised investment losses. The trustees confirm that reserves are sufficient to meet requirements for at least 12 months and that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2022 accounts were audited by Rawlinson & Hunter Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY MEALS | 1 | £425k |