Action4Diabetes
Financial health, per its FY2024 accounts
The accounts state that Action4Diabetes reported a surplus of £112,677 for the year ended 31 March 2024, with total income of £448,539 against total expenditure of £335,862. Per the trustees' report, the charity holds unrestricted reserves of £163,463 and judges itself to be in a sound financial position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees' policy at this stage is: (1) to build a limited buffer so that we can resource the needs of T1D children and young people on a continuing basis with as little risk as possible; and (2) to have the resources to expand our operations in the region.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Brigadier RICHARD H D TOOMEY CBE DLchair
- CHARLES EDWARD TOOMEY BSC ECON
- Dr Sze May Ng OBE
- Ingrid Setiabudy
- JEREMY MARK O'BRIEN-GORE BSC
- Paul Michael Aydinbas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £548k | £363k |
| 31/03/2024 | £449k | £336k |
| 31/03/2023 | £205k | £231k |
| 31/03/2022 | £219k | £154k |
| 31/03/2021 | £237k | £163k |
Common questions
Is Action4Diabetes financially healthy?
The accounts state that Action4Diabetes reported a surplus of £112,677 for the year ended 31 March 2024, with total income of £448,539 against total expenditure of £335,862. Per the trustees' report, the charity holds unrestricted reserves of £163,463 and judges itself to be in a sound financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR SAMUEL SCOTT OF YEWS TRUST | 2 | £20k |
| CECIL PILKINGTON CHARITABLE TRUST | 2 | £14k |
| THE TRESANTON TRUST | 1 | £416k |
| MASONIC SAMARITAN FUND | 1 | £250k |
| CYSTIC FIBROSIS TRUST | 1 | £205k |
| THE VTCT FOUNDATION | 1 | £125k |
| REUBEN FOUNDATION | 1 | £116k |
| HOLLYHOCK CHARITABLE FOUNDATION | 1 | £95k |