ANGLIAN COMMUNITY TRUST (ACT)
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £2,298,524, which the trustees confirm cover more than 3-6 months of running costs. The charity received a significant donation of £2,317,000 following the liquidation of its sole corporate member, Anglian Community Enterprise. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Frank Sims, a trustee of ACT was the CEO of ACE who donated the E2, 317,000 to ACT but has no personal interest in this transaction.” — page 14
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- Michael Pollingtonchair
- Dr David William Sollis
- Frank Sims
- Julie Young
- Kay Caines
- Michael Andrew Gill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £139k | £55k |
| 31/03/2024 | £11k | £41k |
| 31/03/2023 | £536 | £28k |
| 31/03/2022 | £2.3m | £20k |
| 31/03/2021 | £5 | £56k |
Common questions
Is ANGLIAN COMMUNITY TRUST (ACT) financially healthy?
The accounts state that unrestricted reserves stood at £2,298,524, which the trustees confirm cover more than 3-6 months of running costs. The charity received a significant donation of £2,317,000 following the liquidation of its sole corporate member, Anglian Community Enterprise. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2022 accounts were audited by Streets Whittle & Partners LLP.