Charity Accounts Intelreading the accounts so you don’t have to

THE PORTA PIA 2012 FOUNDATION

Registered charity 1152582 · accounts filings on the Charity Commission register

To provide donations to other charities and good causes

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Recreation · Get email alerts

Latest income
£65k
Latest spending
£166k
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total unrestricted funds increased to £2,529,232 at year-end, supported by investment income of £64,372 and net investment gains of £169,434. The Trustees report no material uncertainties regarding the Trust's ability to continue as a going concern and confirm that resources are adequate to meet obligations.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient to generate investment growth and returns... minimum of £30,000 per quarter is available to fund awards and meet the Trust's support and governance costs (held: £2.5m)
“the Trustees aim to maintain free reserves in unrestricted funds at a level sufficient to generate investment growth and returns in order that grants and awards may be paid without significantly diminishing the funds settled on the Trust. The Trust's investment managers ensure that a minimum of £30,000 per quarter is available to fund awards and meet the Trust's support and governance costs.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£65k£166k
31/12/2023£55k£149k
31/12/2022£27k£145k
31/12/2021£29k£241k
31/12/2020£75k£145k

Common questions

Is THE PORTA PIA 2012 FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that total unrestricted funds increased to £2,529,232 at year-end, supported by investment income of £64,372 and net investment gains of £169,434. The Trustees report no material uncertainties regarding the Trust's ability to continue as a going concern and confirm that resources are adequate to meet obligations. Its FY2024 accounts were independently examined.