THE INVIGORATE CHARITABLE TRUST
Latest income
£175k
Latest spending
£154k
Registered
2015
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds were overdrawn by £10,478 as of 5 April 2024, resulting from accrued commitments to future grants. Despite this negative reserve position, the trustees confirmed there are no going concern issues and expressed confidence that future donations will cover these commitments.
What the accounts disclose
Reserves policy: no particular level of reserves is maintained (held: £-10k)
“no particular level of reserves is maintained.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees are partners of RSM, the charity's bankers, and receive free accountancy assistance.
“The trustees are both partners of RSM and, to the extent that assistance with accountancy matters is provided by RSM, no charge is made.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Timothy Parrchair
- Kate Aitchison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £175k | £154k |
| 05/04/2024 | £196k | £201k |
| 05/04/2023 | £134k | £95k |
| 05/04/2022 | £108k | £293k |
| 05/04/2021 | £288k | £351k |
Common questions
Is THE INVIGORATE CHARITABLE TRUST financially healthy?
The accounts state that unrestricted funds were overdrawn by £10,478 as of 5 April 2024, resulting from accrued commitments to future grants. Despite this negative reserve position, the trustees confirmed there are no going concern issues and expressed confidence that future donations will cover these commitments. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DINA PERELMAN TRUST LIMITED | 1 | £10k |
| THE ROZAC CHARITABLE TRUST | 1 | £9k |