THE AJS CHARITABLE TRUST
Latest income
£157k
Latest spending
£86k
Registered
2016
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £42,067 from a nil balance in the previous year, while the expendable endowment fund grew to £4,041,236. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: sufficient capital base to generate an income level sufficient to maintain the level of grant making planned in the future (held: £42k)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation from trustee Cheryl Hood
“During the year Mrs C Hood made a donation of £400,000 including Gift Aid to the charity (2023 - Mrs C Hood - £397,550 including gift aid)” — page 15
“Mr A Gossage made a donation of £70,000 including Gift Aid (2023 - £100,000).” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation from trustee Andrew Gossage
“During the year Mrs C Hood made a donation of £400,000 including Gift Aid to the charity (2023 - Mrs C Hood - £397,550 including gift aid)” — page 15
“Mr A Gossage made a donation of £70,000 including Gift Aid (2023 - £100,000).” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- ANDREW GOSSAGE
- CHERYL HOOD
- JASON HOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £157k | £86k |
| 05/04/2024 | £178k | £136k |
| 05/04/2023 | £236k | £236k |
| 05/04/2022 | £255k | £255k |
| 05/04/2021 | £9k | £62k |
Common questions
Is THE AJS CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves increased to £42,067 from a nil balance in the previous year, while the expendable endowment fund grew to £4,041,236. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.