INSPIRING COMMUNITIES TOGETHER
Latest income
£719k
Latest spending
£730k
Registered
2014
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £489,390, which exceeds its stated policy target of £270,000. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: £270,000 (held: £489k)
“The current cost to ensure ICT has enough funds set aside to achieve the reserve policy agreed by the Trustees is now set at £270,000.” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Inspiring Housing Community Land Trust
“The charity has one wholly owned subsidiary:- Inspiring Housing Community Land Trust, a community benefit society, registration number 8335R with FCA.” — page 45
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£719k
Total spending
£730k
Reserves (reported)
£342k
Employees
15
Register events
- Received assets from another charity (05/06/2023)
Trustees
- Michael John Duddychair
- ANN-MARIE PICKUP
- James Kariuki
- RUTH MARGARET POTTS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £719k | £730k |
| 31/03/2024 | £722k | £644k |
| 31/03/2023 | £563k | £502k |
| 31/03/2022 | £613k | £603k |
| 31/03/2021 | £469k | £427k |
Common questions
Is INSPIRING COMMUNITIES TOGETHER financially healthy?
The accounts state that the charity holds unrestricted reserves of £489,390, which exceeds its stated policy target of £270,000. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| POWER TO CHANGE TRUST | 1 | £529k |
| THE FEDERATION OF GROUNDWORK TRUSTS | 1 | £32k |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 1 | £20k |
| JEWISH JOINT BURIAL SOCIETY | 1 | £5k |
| SHORESH CHARITABLE TRUST (DR RUTH BORCHARD GIFT) | 1 | £2k |
| FINCHLEY REFORM SYNAGOGUE | 1 | £2k |
| LAWSON BECKMAN CHARITABLE TRUST | 1 | £2k |
| JOSEPH ROWNTREE FOUNDATION | 1 | £0 |