SARABANDE
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net profit of £793,618 for the year ended 31 December 2023, driven significantly by investment gains of £327,596. Per the trustees' report, unrestricted reserves stood at £15,598,921, with free reserves at £13,163,417, which the trustees consider to be many times current and forecast annual expenditures. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (25/05/2016)
Trustees
- Benedict John Hooper
- Camilla Ann Lowther OBE
- Damian John Bradfield
- David Collison
- Francesca Gaita Amfitheatrof
- Reema Sharma
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.9m | £968k |
| 31/12/2023 | £1.7m | £869k |
| 31/12/2022 | £939k | £824k |
| 31/12/2021 | £1.8m | £649k |
| 31/12/2020 | £1.5m | £583k |
Common questions
Is SARABANDE financially healthy?
The accounts state that the charity reported a net profit of £793,618 for the year ended 31 December 2023, driven significantly by investment gains of £327,596. Per the trustees' report, unrestricted reserves stood at £15,598,921, with free reserves at £13,163,417, which the trustees consider to be many times current and forecast annual expenditures. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BAKER FAMILY CHARITABLE TRUST | 1 | £267k |