THE CYNARA FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds experienced a net outgoing of £35,152, which was covered by a transfer from the expendable endowment fund. The charity holds significant expendable endowment reserves of £3,257,253, which the trustees consider sufficient to maintain future grant-making levels. There are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees aim to maintain the endowment fund at a level to provide a sufficient capital base to generate an income level sufficient to maintain the level of grant making planned in the future.” — page 4
“There were no related party transactions for the year ended 5 April 2024” — page 15
Trustees
- VERONICA ENGchair
- CHRISTOPHER PHILIP SNOWDEN
- Peter George Gibbs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £113k | £113k |
| 05/04/2024 | £93k | £93k |
| 05/04/2023 | £60k | £114k |
| 05/04/2022 | £114k | £114k |
| 05/04/2021 | £124k | £124k |
Common questions
Is THE CYNARA FOUNDATION financially healthy?
The accounts state that unrestricted funds experienced a net outgoing of £35,152, which was covered by a transfer from the expendable endowment fund. The charity holds significant expendable endowment reserves of £3,257,253, which the trustees consider sufficient to maintain future grant-making levels. There are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.