ALACRITY FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net loss of £186,180 for the year ended 31 March 2023, resulting in a decrease in unrestricted funds to £864,792. The trustees maintain that the charity has adequate resources to continue as a going concern with no material uncertainties identified. The organization relies on donations and charitable activities for income, having incurred total expenditure of £1,494,233.
What the accounts disclose
Funders the charity credits
- Welsh Government
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- David Homer
- Flora Stephanie Legh Coutts
- Gayle Elizabeth Bowen
- PROFESSOR SIMON JOHN GIBSON CBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.5m |
| 31/03/2024 | £1.4m | £1.4m |
| 31/03/2023 | £1.3m | £1.5m |
| 31/03/2022 | £1.6m | £1.4m |
| 31/03/2021 | £1.1m | £1.2m |
Common questions
Is ALACRITY FOUNDATION financially healthy?
The accounts state that the charity reported a net loss of £186,180 for the year ended 31 March 2023, resulting in a decrease in unrestricted funds to £864,792. The trustees maintain that the charity has adequate resources to continue as a going concern with no material uncertainties identified. The organization relies on donations and charitable activities for income, having incurred total expenditure of £1,494,233. Its FY2023 accounts were audited by Kilsby Williams LLP.