INTERNATIONAL BAR ASSOCIATIONS HUMAN RIGHTS INSTITUTE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity finished the year with net assets of £1,070,848, representing a surplus of £107,340 for the year. The trustees report that the charity is dependent on a single principal donor, the International Bar Association, for its funding. The charity maintains a reserves policy of keeping one year's donation in reserve, which it exceeded with its current unrestricted funds.
What the accounts disclose
“It is the Trustees’ objective to maintain a prudent level of reserves within the Charity, equivalent to at least one year’s donations (there was £390,000 donation from IBA this year)” — page 5
“The International Bar Association (IBA) acts as an agent for the International Bar Associations Human Rights Institute Trust (the charity) whereby the IBA collects donations and pays grants and expenses on behalf of the Charity. The Charity is related to the IBA as there are common trustees across both charities. The net dealings on behalf of the Charity resulted in a year-end balance of £20,274 owed by the Charity to the IBA, (2023: £235,345 owed by the Charity to the IBA). Donations of £390,000 (2023: £300,000) were received during the period from the IBA. Grants of £347,594 (2023: £554,697) were made to the IBA in the period, with £186,406 (2023: £17,184) returned as underspent grants. Further details are provided in note 4 to the accounts.” — page 16
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Elizabeth Howe
- GRAEME KIRK
- JOHN ROBERT HEAPS
- Julia Onslow-Cole
- Luz Nagle
- YASMIN WALJEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £943k | £836k |
| 31/12/2023 | £895k | £1.1m |
| 31/12/2022 | £602k | £636k |
| 31/12/2021 | £493k | £721k |
| 31/12/2020 | £180k | £151k |
Common questions
Is INTERNATIONAL BAR ASSOCIATIONS HUMAN RIGHTS INSTITUTE TRUST financially healthy?
The accounts state that the charity finished the year with net assets of £1,070,848, representing a surplus of £107,340 for the year. The trustees report that the charity is dependent on a single principal donor, the International Bar Association, for its funding. The charity maintains a reserves policy of keeping one year's donation in reserve, which it exceeded with its current unrestricted funds. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EVAN CORNISH FOUNDATION | 2 | £27k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £90k |
| THE A B CHARITABLE TRUST | 1 | £55k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £55k |
| PERSULA FOUNDATION | 1 | £40k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £5k |
| THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATION | 1 | £500 |