ABBIE'S ARMY
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £27,443 for the year ended 31 December 2024, resulting in a decrease in total funds from £634,594 to £607,151. The Trustees have designated all funds for specific charitable objectives, holding no free unrestricted reserves. Despite the deficit, the charity maintains sufficient cash resources to continue as a going concern.
What the accounts disclose
“At 31 December 2024, the Trustees consider it appropriate to hold no free reserves and have deemed all funds as designated funds” — page 7
“During the year BTL-UK Ltd (formerly Dunlop BTL Limited) paid £7,192 (2023: £1,995) for advertising, website content and independent examiner's fees. R S Mifsud and Mrs A Mifsud are directors of BTL-UK Limited.” — page 16
Trustees
- AMANDA MIFSUDchair
- CAROLINE TAYLOR
- RAY MIFSUD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £301k | £158k |
| 31/12/2024 | £184k | £211k |
| 31/12/2023 | £137k | £15k |
| 31/12/2022 | £250k | £292k |
| 31/12/2021 | £223k | £8k |
Common questions
Is ABBIE'S ARMY financially healthy?
The accounts state that the charity reported a net deficit of £27,443 for the year ended 31 December 2024, resulting in a decrease in total funds from £634,594 to £607,151. The Trustees have designated all funds for specific charitable objectives, holding no free unrestricted reserves. Despite the deficit, the charity maintains sufficient cash resources to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHILDREN WITH CANCER UK | 1 | £125k |
| LIONS CLUBS INTERNATIONAL DISTRICT 105N FOUNDATION | 1 | £104k |
| RICHER SOUNDS FOUNDATION | 1 | £20k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £15k |
| THE GEORGE CADBURY TRUST (GEORGE HENRY T AND LAURENCE J CADBURY SECTIONS) | 1 | £12k |
| ROBERT LUFF FOUNDATION LIMITED | 1 | £10k |
| MISSES BARRIE CHARITABLE TRUST | 1 | £8k |
| EXTRA MILE CHALLENGES | 1 | £6k |