NATURAL RESOURCE CHARTER LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £39,235 for the year ended 31 December 2024, resulting in unrestricted reserves falling to £59,458 from £98,693 the previous year. The charity relies entirely on donations from its parent entity, NRGI, to fund its operations. The trustees and auditors have confirmed that the charity is a going concern with no material uncertainties identified.
What the accounts disclose
“The Trustees believe it is not necessary to mandate a specific level of reserves and introduce an independent reserve policy considering the cooperation agreement with NRGI. NRGI adopted a comprehensive reserves policy as of April 2019 that includes NRCL.” — page 9
“There is a Cooperation Agreement between the entities. During the year, donations of £1,671,929.72 (2023: £1,924,716) was received from NRGI. There are no other related parties in the current or prior period.”
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- ALAN DETHERIDGE
- JOSEPH CHARLES BELL
- Meghna Abraham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.6m | £1.6m |
| 31/12/2024 | £1.7m | £1.7m |
| 31/12/2023 | £1.9m | £1.9m |
| 31/12/2022 | £1.8m | £1.7m |
| 31/12/2021 | £1.8m | £1.8m |
Common questions
Is NATURAL RESOURCE CHARTER LIMITED financially healthy?
The accounts state that the charity reported a deficit of £39,235 for the year ended 31 December 2024, resulting in unrestricted reserves falling to £59,458 from £98,693 the previous year. The charity relies entirely on donations from its parent entity, NRGI, to fund its operations. The trustees and auditors have confirmed that the charity is a going concern with no material uncertainties identified. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £900k |
| THE HEADLEY TRUST | 1 | £119k |
| THE INLIGHT TRUST | 1 | £12k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £5k |
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | 1 | £1k |
| THE SIR JAMES ROLL CHARITABLE TRUST | 1 | £1k |
| THE ASTOR FOUNDATION | 1 | £1k |