CHLOE'S AND SOPHIE'S SPECIAL EARS FUND
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £112,767 for the year, resulting in a decrease in total funds from £350,596 to £237,829. The trustees have set a reserves policy target of £70,000, which is below the current unrestricted reserves of £58,052. The charity acknowledges its reliance on funds and notes that demand for services has increased significantly.
What the accounts disclose
“Charity Reserves were agreed by the Board of Trustees to be set to £70,000.”
“The trustees received remuneration during the year of £28,294 (2022: £23,298).” — page 51
Trustees
- Daniel Peter Rainbirdchair
- Adam Lee
- CERI MARIE RISE
- LEAH ILES
- Rachel Chocian
- Shaun Garrett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £307k | £353k |
| 30/11/2023 | £278k | £391k |
| 30/11/2022 | £311k | £291k |
| 30/11/2021 | £254k | £181k |
| 30/11/2020 | £172k | £113k |
Common questions
Is CHLOE'S AND SOPHIE'S SPECIAL EARS FUND financially healthy?
The accounts state that the charity reported a net expenditure of £112,767 for the year, resulting in a decrease in total funds from £350,596 to £237,829. The trustees have set a reserves policy target of £70,000, which is below the current unrestricted reserves of £58,052. The charity acknowledges its reliance on funds and notes that demand for services has increased significantly. Its FY2023 accounts were independently examined.
Who funds CHLOE'S AND SOPHIE'S SPECIAL EARS FUND?
Funders whose own accounts filings name CHLOE'S AND SOPHIE'S SPECIAL EARS FUND as a grant recipient include THE NEUMARK FOUNDATION, THE PIERREPONT TRUST, THE PARTNERSHIP FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE NEUMARK FOUNDATION | FY2023 | £133k |
| THE PIERREPONT TRUST | FY2025 | £10k |
| THE PIERREPONT TRUST | FY2024 | £10k |
| THE PARTNERSHIP FOUNDATION | FY2025 | £500 |
| THE PIERREPONT TRUST | FY2023 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| OVINGDEAN HALL FOUNDATION | 1 | £142k |
| SYDNEY AND PHYLLIS GOLDBERG MEMORIAL CHARITABLE TRUST | 1 | £15k |
| THE KRISTINA MARTIN CHARITABLE TRUST | 1 | £10k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £7k |
| THE SPEECH, LANGUAGE AND HEARING FOUNDATION | 1 | £6k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £4k |
| WOKING UNITED REFORMED CHURCH CHARITY | 1 | £2k |