THE CHURCHILL FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity held total unrestricted and restricted reserves of £402,208 at the end of the year, with £321,970 specifically set aside for a larger future project. The trustees have decided to hold £80,237 to ensure there are enough funds to cover overheads if there was an economic downturn. The charity raised a total of £303,746 during 2023, marking a third consecutive year of improvement in fundraising performance.
What the accounts disclose
“The trustees have decided to hold a reserves of £80,237 to ensure there are enough funds to cover overheads if there was an economic down turn. It also enables the Foundation the chance to grow in the future. In addition to the reserve funds, the Foundation has held an additional £321,970 which is to be used for a larger project in the future.” — page 6
Trustees
- SPENCER MCCARTHYchair
- CLINTON MCCARTHY
- Lindsay Matthews
- SUZANNE REVELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £388k | £231k |
| 31/12/2023 | £304k | £225k |
| 31/12/2022 | £241k | £131k |
| 31/12/2021 | £120k | £111k |
| 31/12/2020 | £101k | £108k |
Common questions
Is THE CHURCHILL FOUNDATION financially healthy?
The accounts state that the charity held total unrestricted and restricted reserves of £402,208 at the end of the year, with £321,970 specifically set aside for a larger future project. The trustees have decided to hold £80,237 to ensure there are enough funds to cover overheads if there was an economic downturn. The charity raised a total of £303,746 during 2023, marking a third consecutive year of improvement in fundraising performance. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ONE FOOTSTEP | 1 | — |
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £26k |