THE CASCIA TRUST
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £1,811,018, which is above the trustees' policy target of maintaining funds to cover fixed expenses for at least 12 months. The charity reported a net income movement of £70,261 after accounting for investment losses, supported by £250,000 in donations. The trustees confirmed the charity is prepared on a going concern basis due to minimal fixed costs and a healthy cash balance.
What the accounts disclose
“The trustees aim to maintain sufficient reserves to ensure that the Trust has funds to cover fixed expenses for at least 12 months.” — page 4
“During the year the charity received £200,000 (2021 - £197,500) of donations, including Gift Aid, from Stephen Rosefield, a trustee. These funds were received without restrictions.” — page 18
“During the year the charity received £Nil (2021 - £250,000) of donations from The Endeavour Trust Ltd, a company with a common director/trustee. These funds were received without restrictions.” — page 18
“During the year the charity received £200,000 (2021 - £197,500) of donations, including Gift Aid, from Stephen Rosefield, a trustee. These funds were received without restrictions.” — page 18
“During the year the charity received £Nil (2021 - £250,000) of donations from The Endeavour Trust Ltd, a company with a common director/trustee. These funds were received without restrictions.” — page 18
Trustees
- STEPHEN MICHAEL ROSEFIELDchair
- HANNAH CLARE ROSEFIELD
- PAUL ADAM ROSEFIELD
- ROBERTA WENDY ROSEFIELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £312k | £96k |
| 31/12/2023 | £62k | £81k |
| 31/12/2022 | £276k | £93k |
| 31/12/2021 | £468k | £81k |
| 31/12/2020 | £115k | £71k |
Common questions
Is THE CASCIA TRUST financially healthy?
The accounts state that unrestricted reserves stood at £1,811,018, which is above the trustees' policy target of maintaining funds to cover fixed expenses for at least 12 months. The charity reported a net income movement of £70,261 after accounting for investment losses, supported by £250,000 in donations. The trustees confirmed the charity is prepared on a going concern basis due to minimal fixed costs and a healthy cash balance. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £312k |
| DILLHAVEN LIMITED | 1 | £71k |
| THREE PILLARS TRUST | 1 | £40k |
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |
| PARKLAKE CHARITY TRUST | 1 | £5k |