EVELINA CHILDREN'S HEART ORGANISATION LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net movement in funds of a deficit of £30,615 for the year ended 31 December 2023, resulting in total funds decreasing from £315,181 to £284,566. The trustees have designated £120,000 of unrestricted reserves specifically to cover future office relocation costs due to the scheduled demolition of their current premises. Despite the deficit, the charity maintains unrestricted reserves of £77,248, which is below the stated policy target of 4-9 months of unrestricted charitable expenditure.
What the accounts disclose
“the Trustees now want to maintain free reserves in unrestricted funds at a level which equates to approximately 4-9 months of unrestricted charitable expenditure” — page 14
Corporate structure
- Registered company of the charity Companies House 07867592
Funders the charity credits
- Ronald McDonald House
- Rainbow Trust Children's Charity
Register events
- Received assets from another charity (09/05/2012)
Trustees
- Stephen John Woodchair
- JAMES PINCUS
- Joanna Eyeson
- Karan Singh Panesar
- Marc Andrew Harry
- PATRICIA JANE WARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £332k | £463k |
| 31/12/2023 | £325k | £356k |
| 31/12/2022 | £284k | £280k |
| 31/12/2021 | £290k | £218k |
| 31/12/2020 | £382k | £177k |
Common questions
Is EVELINA CHILDREN'S HEART ORGANISATION LIMITED financially healthy?
The accounts state that the charity reported a net movement in funds of a deficit of £30,615 for the year ended 31 December 2023, resulting in total funds decreasing from £315,181 to £284,566. The trustees have designated £120,000 of unrestricted reserves specifically to cover future office relocation costs due to the scheduled demolition of their current premises. Despite the deficit, the charity maintains unrestricted reserves of £77,248, which is below the stated policy target of 4-9 months of unrestricted charitable expenditure. Its FY2023 accounts were independently examined.
Who funds EVELINA CHILDREN'S HEART ORGANISATION LIMITED?
Funders whose own accounts filings name EVELINA CHILDREN'S HEART ORGANISATION LIMITED as a grant recipient include THE THALES CHARITABLE TRUST, CHAPMAN CHARITABLE TRUST, THE SIR JAMES ROLL CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE THALES CHARITABLE TRUST | FY2022 | £156k |
| CHAPMAN CHARITABLE TRUST | FY2022 | £2k |
| THE SIR JAMES ROLL CHARITABLE TRUST | FY2025 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WILLIE AND MABEL MORRIS CHARITABLE TRUST | 2 | £1k |
| Evelyn Partners Charitable Trust | 2 | £700 |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | — |
| THE PENNIES FOUNDATION | 1 | £73k |
| THE RASCHE FAMILY CHARITABLE TRUST | 1 | £60k |
| THE ANNANDALE CHARITABLE TRUST | 1 | £22k |
| THE JOSEPH AND LILIAN SULLY FOUNDATION | 1 | £20k |
| THE OPENWORK FOUNDATION | 1 | £15k |