DIDYMUS
Financial health, per its FY2024 accounts
The accounts state that total funds decreased significantly from £4,354,998 to £3,467,403, driven primarily by a net loss on investments of £825,466 and grant expenditure of £162,000. The charity holds unrestricted reserves of £0 and endowment funds of £3,467,403, with no stated reserves policy target against which to measure adequacy. The independent examiner confirmed no material matters were identified that would cast doubt on the accounts' compliance or record-keeping.
What the accounts disclose
“Reserves are held by the charity in order to be invested to provide income for grants and administration, and if required to be used to meet future grant obligations” — page 4
Structured financials (annual return, FY ending 01/12/2021)
Trustees
- REVD DR DAPHNE MARY GREENchair
- Anton Ozornin
- Benedict John George Weston-Conway
- CAROLINE CUMMINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/12/2025 | £110k | £118k |
| 01/12/2024 | £126k | £189k |
| 01/12/2023 | £197k | £82k |
| 01/12/2022 | £141k | £177k |
| 01/12/2021 | £1.2m | £569k |
Common questions
Is DIDYMUS financially healthy?
The accounts state that total funds decreased significantly from £4,354,998 to £3,467,403, driven primarily by a net loss on investments of £825,466 and grant expenditure of £162,000. The charity holds unrestricted reserves of £0 and endowment funds of £3,467,403, with no stated reserves policy target against which to measure adequacy. The independent examiner confirmed no material matters were identified that would cast doubt on the accounts' compliance or record-keeping. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AMABRILL LTD | 1 | £50k |
| BELZ ISRAEL CHARITABLE TRUST | 1 | £11k |
| J & J CHARITABLE TRUST LIMITED | 1 | £2k |