THE COCO'S FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £25,308, which is below the implied target of zero expenditure as the policy states all funds generated will be expended on charitable activities. The charity reported a net income of £5,809 for the year, with total income of £173,830 and charitable expenditure of £168,021. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that all of the funds generated will be expended on charitable activities” — page 5
Trustees
- CHRISTOPHER CONNORS
- Sharon Elizabeth Perry
- Theresa Lesley Cranmer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £207k | £220k |
| 31/12/2023 | £174k | £168k |
| 31/12/2022 | £106k | £114k |
| 31/12/2021 | £132k | £123k |
| 31/12/2020 | £171k | £175k |
Common questions
Is THE COCO'S FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £25,308, which is below the implied target of zero expenditure as the policy states all funds generated will be expended on charitable activities. The charity reported a net income of £5,809 for the year, with total income of £173,830 and charitable expenditure of £168,021. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ALLEGRA FOUNDATION LIMITED | 1 | £583k |
| TZEDOKOH VECHESED LIMITED | 1 | £45k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £38k |
| Moto Foundation | 1 | £25k |
| BELLJOE TZEDOKO LIMITED | 1 | £21k |
| THE TURING TRUST | 1 | £15k |
| CANVEY BRIGHT START LTD | 1 | £7k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £6k |