CLASSROOMS IN THE CLOUDS
Financial health, per its FY2023 accounts
The accounts state that total funds carried forward were £197,980, with unrestricted funds at £0 and restricted funds at £197,980. The charity reported a net income of £2,279 for the year, having raised £306,313 in income against £304,034 in expenditure. The trustees acknowledge that the charity is entitled to exemption from audit under the small companies regime.
What the accounts disclose
“The target minimum Reserve Fund is equal to £100,000 representing twelve months of operating expenses averaged annually over the last 2 years.”
Funders the charity credits
- The People's Postcode Lottery
Trustees
- Alexander James Waller
- Annette Susan Roberts
- Catherine Owen
- DAWA GELJEN SHERPA
- David Glen Thomas
- LAWRENCE MCLAREN
- MIKE HAGEN
- SARAH DOROTHY HAGEN
- Sally Joan Sixsmith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £258k | £299k |
| 31/12/2023 | £306k | £304k |
| 31/12/2022 | £210k | £331k |
| 31/12/2021 | £257k | £182k |
| 31/12/2020 | £212k | £173k |
Common questions
Is CLASSROOMS IN THE CLOUDS financially healthy?
The accounts state that total funds carried forward were £197,980, with unrestricted funds at £0 and restricted funds at £197,980. The charity reported a net income of £2,279 for the year, having raised £306,313 in income against £304,034 in expenditure. The trustees acknowledge that the charity is entitled to exemption from audit under the small companies regime. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FUTURES FOR KIDS | 1 | £52k |
| THE 3 TS CHARITABLE TRUST | 1 | £50k |
| THE CHRISTOPHER & KIRSTY JOHNSTON CHARITABLE TRUST | 1 | £21k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £20k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £20k |
| THE LEPROSY MISSION INTERNATIONAL | 1 | £17k |
| SEEDFIELD TRUST | 1 | £5k |
| THE S M B TRUST | 1 | £5k |