Charity Accounts Intelreading the accounts so you don’t have to

FSCI (UK)

Registered charity 1170914 · accounts filings on the Charity Commission register · also known as House of Opportunity

Latest income
£438k
Latest spending
£423k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the financial year with negative unrestricted reserves of £11,046, following a period of deficit in the prior year. The trustees confirm that the going concern basis is appropriate, noting that the charity has reduced its dependence on trustee support and that trustees have indicated they would introduce up to £50,000 if required to meet liabilities.

What the accounts disclose

Reserves policy: target which trustees set from time to time (held: £-11k)
“The trustees' policy is to manage its finances so as to achieve budget surpluses when it is reasonably able to, thereby building the strategic reserve until any target which trustees set from time to time is reached.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees provided interest-free loans to the charity
“As at 31 March 2024 the charity owed £20,000 to its trustees and key management personnel for interest free loans (2023: £35,000). During the year 4 trustees made donations to the charity totalling £17,123 (2023: 3 - £7,299). There were no other related party transactions during the year.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — House of Opportunity (matched by registered charity number).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Albania · Bosnia And Herzegovina · Bulgaria · Croatia · Greece · Macedonia · Moldova · Serbia

Income and spending

Financial year endIncomeSpending
31/03/2025£438k£423k
31/03/2024£453k£401k
31/03/2023£386k£444k
31/03/2022£463k£364k
31/03/2021£175k£192k

Common questions

Is FSCI (UK) financially healthy?

The accounts state that the charity ended the financial year with negative unrestricted reserves of £11,046, following a period of deficit in the prior year. The trustees confirm that the going concern basis is appropriate, noting that the charity has reduced its dependence on trustee support and that trustees have indicated they would introduce up to £50,000 if required to meet liabilities. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
The Caring Family Foundation1£793k
THE BORROWS CHARITABLE TRUST1£75k
THE ORR MACKINTOSH FOUNDATION LIMITED1£57k
SWAROVSKI FOUNDATION1£35k
THE PENNIES FOUNDATION1£26k
KUSUMA TRUST UK1£20k
THE BUZZACOTT STUART DEFRIES MEMORIAL FUND1£1k
THE VLM FOUNDATION1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE FISHERIES SOCIETY OF THE BRITISH ISLES.