OTRA COSA NETWORK
EDUCATION/TRAININGRELIEF OF POVERTYOVERSEAS AIDENVIRONMENT/CONSERVATION/HERITAGEECONOMIC/COMMUNITY DEVELOPMENT/EMPLOYMENTWE ALSO PROVIDE HUMAN RESOURCES, ADVICE AND INFORMATION
Financial health, per its FY2024 accounts
The accounts state that the charity ended 2024 with unrestricted reserves of £7,793, providing 2.1 months of cover against a policy target of 3 months. While the charity achieved a small net cash surplus, it recorded a net deficit on unrestricted funds, prompting trustees to implement cost savings to maintain sustainability.
What the accounts disclose
“A Christmas fundraising dinner in the UK generated total income of £1,981, offset by £930 of fundraising costs giving a net surplus of £1,051” — page 19
“this gives us 2.1 months cover, against our General Reserves target of 3 months.”
Trustees
- ANTHONY PETER MURPHYchair
- Carlos Antonio Ferrer Calderon
- ESTHER ELIZABETH LOYOLA SALVADOR
- JUANA SOLIS MURPHY
- PETER JOSEPH REYNOLDS
- Sara Marie Therese Oreteg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £79k | £76k |
| 31/12/2023 | £81k | £79k |
| 31/12/2022 | £107k | £105k |
| 31/12/2021 | £54k | £51k |
| 31/12/2020 | £56k | £46k |
Common questions
Is OTRA COSA NETWORK financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended 2024 with unrestricted reserves of £7,793, providing 2.1 months of cover against a policy target of 3 months. While the charity achieved a small net cash surplus, it recorded a net deficit on unrestricted funds, prompting trustees to implement cost savings to maintain sustainability.