THE AGS FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity had total income of £46,015 and paid grants totaling £81,290 during the year, resulting in a net application of resources exceeding incoming funds. Per the trustees' report, support and governance costs were £3,606, and no funds were in deficit at the period end. The trustees maintain adequate reserves to cover grant commitments and budgeted costs.
What the accounts disclose
“The trustees will maintain adequate reserves to cover grant commitments and budgeted costs for the current financial period and maintain an appropriate budget for future years to cover longer term grant commitments.” — page 8
Trustees
- MARTIN BAINESchair
- Christopher Smith
- MARK SLATTER
- Simon Scott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £120k | £89k |
| 31/12/2023 | £46k | £81k |
| 31/12/2022 | £48k | £13k |
| 31/12/2021 | £3k | £3k |
| 31/12/2020 | £14k | £3k |
Common questions
Is THE AGS FOUNDATION financially healthy?
The accounts state that the charity had total income of £46,015 and paid grants totaling £81,290 during the year, resulting in a net application of resources exceeding incoming funds. Per the trustees' report, support and governance costs were £3,606, and no funds were in deficit at the period end. The trustees maintain adequate reserves to cover grant commitments and budgeted costs. Its FY2023 accounts were independently examined.
Who funds THE AGS FOUNDATION?
Funders whose own accounts filings name THE AGS FOUNDATION as a grant recipient include RAMBLERS HOLIDAYS CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| RAMBLERS HOLIDAYS CHARITABLE TRUST | FY2023 | £7k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |