ANGLICAN ALLIANCE
Financial health, per its FY2022 accounts
The accounts state that the charity ended the year with total reserves of £137,607, a decrease from £225,749 in the prior year, driven by a net expenditure of £88,142. The Trustees note that while unrestricted funds declined, careful cost control and donor negotiations allowed for reserves sufficient to cushion the deficit. The Board remains confident in the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees’ policy is to establish unrestricted reserves sufficient to cover three months of operating costs of around £75,000”
“* Donations from Compass Rose were granted to the Anglican Consultative Council by the Canadian Compass Rose Society as restricted funds for the benefit of the Anglican Alliance.” — page 16
“For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used.” — page 24
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ARCHBISHOP ALBERT CHAMAchair
- Lina Magallanes
- MICHAEL JOHN HART
- Michael Mackenzie
- Reginald Robertson
- Rev Alba Sally Sue Hernandez Garcia
- Rev Sammy Ng'ang'a Wainaina
- Rt Revd Noel Michael Roy Beasley
- The Rt Revd Andrew Au Ming Chan
- The Rt Revd Anthony Dangasuk Poggo
- The Rt Revd Hemen Halder
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £870k | £832k |
| 31/12/2023 | £717k | £568k |
| 31/12/2022 | £369k | £457k |
| 31/12/2021 | £382k | £346k |
| 31/12/2020 | £361k | £354k |
Common questions
Is ANGLICAN ALLIANCE financially healthy?
The accounts state that the charity ended the year with total reserves of £137,607, a decrease from £225,749 in the prior year, driven by a net expenditure of £88,142. The Trustees note that while unrestricted funds declined, careful cost control and donor negotiations allowed for reserves sufficient to cushion the deficit. The Board remains confident in the charity's ability to continue as a going concern. Its FY2022 accounts were audited by Moore Kingston Smith.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JERUSALEM TRUST | 1 | £20k |
| HIGHWAY ONE TRUST | 1 | £10k |
| NORMAN WHITELEY TRUST | 1 | £6k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DAGENHAM | 1 | £5k |
| THE NOEL BUXTON TRUST | 1 | £5k |
| THE ANCHOR FOUNDATION | 1 | £5k |
| THE BISHOP RADFORD TRUST | 1 | £5k |
| SEEDFIELD TRUST | 1 | £3k |