ALTAJIR TRUST
Financial health, per its FY2023 accounts
The accounts state that total donations received were £218,535, with total charitable expenditure amounting to £207,029, resulting in a net surplus for the year. Free unrestricted reserves increased to £110,386, which the trustees note is above their target of approximately £70,000, representing about five months of operating costs. The charity remains reliant on donations from the Founder and his family, with no active fundraising undertaken.
What the accounts disclose
“The Trustees decided to reduce the general reserve in 2022 to about five months' operating costs which is about £70,000; they again balanced expenditure against donations over 2023 to maintain the reserves level at about £70,000.” — page 6
“The son of the director, Richard Muir, was contracted by the charity to assist with the digitising of historic records and was paid £2,266.” — page 19
Register events
- Received assets from another charity (02/12/2015)
Trustees
- Dr Melanie Gibson
- PROFESSOR SCOTT NICHOLAS REDFORD
- Professor CHARLES TRIPP
- Professor Dawn Chatty
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £220k | £193k |
| 31/12/2023 | £219k | £207k |
| 31/12/2022 | £219k | £207k |
| 31/12/2021 | £220k | £266k |
| 31/12/2020 | £287k | £260k |
Common questions
Is ALTAJIR TRUST financially healthy?
The accounts state that total donations received were £218,535, with total charitable expenditure amounting to £207,029, resulting in a net surplus for the year. Free unrestricted reserves increased to £110,386, which the trustees note is above their target of approximately £70,000, representing about five months of operating costs. The charity remains reliant on donations from the Founder and his family, with no active fundraising undertaken. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £34k |