GREENWICH REFUGEE AID AND COMMUNITY ENTERPRISE
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a deficit of £5,620, which was covered by its unrestricted reserves, reducing them from £46,858 to £41,238. The trustees report that they have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future with no material uncertainties. Total income increased by 65% to £80,314, primarily driven by a rise in shop revenue, although expenditure also increased significantly.
What the accounts disclose
“During the year no staff were paid more than £60,000 (2023: None).” — page 14
Trustees
- ANDREAS PAPAZIDIS
- CLAIRE PAPAZIDIS
- Danya Nusseir
- Jennifer Viola Foster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £100k | £117k |
| 31/03/2024 | £80k | £86k |
| 31/03/2023 | £49k | £63k |
| 31/03/2022 | £67k | £38k |
| 31/03/2021 | £85k | £57k |
Common questions
Is GREENWICH REFUGEE AID AND COMMUNITY ENTERPRISE financially healthy?
The accounts state that the charity ended the year with a deficit of £5,620, which was covered by its unrestricted reserves, reducing them from £46,858 to £41,238. The trustees report that they have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future with no material uncertainties. Total income increased by 65% to £80,314, primarily driven by a rise in shop revenue, although expenditure also increased significantly. Its FY2024 accounts were independently examined.
What does the highest-paid employee of GREENWICH REFUGEE AID AND COMMUNITY ENTERPRISE earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £90k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £40k |
| THE BEATRICE GILMORE CHARITABLE TRUST | 1 | £27k |
| BRITISH HUMANE ASSOCIATION | 1 | £8k |