ED DE NUNZIO CHARITABLE TRUST
The charity's initial objectives and principal activities are to work with charities and voluntary organisations that advance education, offer opportunities and provide care to young people.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £76,896 for the year, resulting in a decrease in unrestricted funds from £878,429 to £801,533. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future and have adopted the going concern basis. No specific reserves policy has been designated, with the trustees considering freely expendable funds to be appropriate given future grant plans.
What the accounts disclose
“Total incoming resources amounted to £57,516 (2023: £148,951), comprising donations of £26,965 (2023: £100,020) and dividend and interest income of £30,551 (2023: £48,931).” — page 7
Trustees
- ANTONIO DE NUNZIOchair
- Graham Ralph
- JILL MARY HAYDEN
- JULIE ANN DE NUNZIO
- SOPHIE DE NUNZIO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £58k | £122k |
| 31/12/2023 | £149k | £177k |
| 31/12/2022 | £0 | £72k |
| 31/12/2021 | £197k | £243k |
| 31/12/2020 | £140k | £62k |
Common questions
Is ED DE NUNZIO CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net loss of £76,896 for the year, resulting in a decrease in unrestricted funds from £878,429 to £801,533. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future and have adopted the going concern basis. No specific reserves policy has been designated, with the trustees considering freely expendable funds to be appropriate given future grant plans. Its FY2024 accounts were independently examined.