ALLEGRA FOUNDATION LIMITED
Latest income
£200k
Latest spending
£203k
Registered
2010
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £52,281 at the year end, a decrease from the previous year's £55,188. The trustees report that the charity remains in a strong position to deliver its objectives, citing diversified income streams and adequate resources for the foreseeable future.
What the accounts disclose
Reserves policy: sufficient unrestricted reserves to invest in projects that the trustees consider meet the objectives of the Foundation (held: £52k)
“The Foundation aims to ensure long term sustainability of the charity and maintain sufficient unrestricted reserves to invest in projects that the trustees consider meet the objectives of the Foundation.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Foundation owed £3,084 to Allegra Strategies Limited, a company under the control of J Young, a trustee.
“At the Balance Sheet date, the Foundation owed £3,084 (2023 - was owed £1,761) to Allegra Strategies Limited, a company under the control of J Young, a trustee. The full amount is disclosed within other creditors at the year end.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- JEFFREY YOUNG MBAchair
- BARRY KITHER
- Jessica Worden
- Kamal Bengougam
- Laura Kiri Harper-Hinton
- Matthew Wootliff
- Maxwell Colonna-Dashwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £200k | £203k |
| 31/12/2023 | £247k | £231k |
| 31/12/2022 | £283k | £254k |
| 31/12/2021 | £120k | £133k |
| 31/12/2020 | £111k | £178k |
Common questions
Is ALLEGRA FOUNDATION LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £52,281 at the year end, a decrease from the previous year's £55,188. The trustees report that the charity remains in a strong position to deliver its objectives, citing diversified income streams and adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Founders Pledge Ltd | 1 | £386k |