RELEASE ERITREA
Financial health, per its FY2023 accounts
The accounts state that unrestricted and restricted reserves totalled £183,495 as of February 2023, an increase from the previous year's £144,266. The charity reported a net incoming resource of £223,229 for the year, funded primarily by voluntary income of £424,069 against charitable expenditure of £381,933. The independent examiner confirmed that proper accounting records were kept and accounts complied with relevant regulations, noting no matters requiring attention.
What the accounts disclose
Trustees
- Eyob Haile
- FECADU ABRAHA
- SELAM KIDANE
- Selam Bahta Tesfamichael
- Yohannes John Alula
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £407k | £412k |
| 29/02/2024 | £413k | £448k |
| 28/02/2023 | £424k | £385k |
| 28/02/2022 | £408k | £487k |
| 28/02/2021 | £468k | £406k |
Common questions
Is RELEASE ERITREA financially healthy?
The accounts state that unrestricted and restricted reserves totalled £183,495 as of February 2023, an increase from the previous year's £144,266. The charity reported a net incoming resource of £223,229 for the year, funded primarily by voluntary income of £424,069 against charitable expenditure of £381,933. The independent examiner confirmed that proper accounting records were kept and accounts complied with relevant regulations, noting no matters requiring attention. Its FY2023 accounts were independently examined.
Who funds RELEASE ERITREA?
Funders whose own accounts filings name RELEASE ERITREA as a grant recipient include CHURCH OF THE LIVING GOD TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CHURCH OF THE LIVING GOD TRUST | FY2024 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 2 | £240k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| JOHN ELLERMAN FOUNDATION | 1 | £100k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £55k |
| THE A B CHARITABLE TRUST | 1 | £55k |
| PERSULA FOUNDATION | 1 | £40k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE EVAN CORNISH FOUNDATION | 1 | £15k |