THE ABINGER GREEN CIO
The objectives of the charity are to promote sustainable development for the benefit of the public. The charity seeks to meet its objects by pro-actively seeking out projects, whether in the UK or overseas, which are aligned with these objectives, and which they judge to be worthy of financial support. Such support may be in the form of grants, loans or investment.
Financial health, per its FY2025 accounts
The accounts state that total assets net of liabilities stood at £338,160, comprising £36,731 in cash and £306,529 in social investments. The charity is funded by donations from a single individual and has made disbursements totaling £89,677 to its investee, SteamaCo. Reserves are maintained at the discretion of the Trustees to support future social investments and governance costs.
What the accounts disclose
“Reserves are maintained at the discretion of the Trustees. They aim to maintain reserves at a level to provide sufficient funds to respond to further applications for social investment, and to ensure that sufficient funds are available to meet support and governance costs.” — page 7
Trustees
- IAN MICHAEL NOLAN MA, FCAchair
- Andrew Wiliam Michael Reicher
- JAMIE BUTTERWORTH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £84k | £95k |
| 31/05/2024 | £123k | £89k |
| 31/05/2023 | £25 | £3k |
| 31/05/2022 | £52k | £33k |
| 31/05/2021 | £52k | £33k |
Common questions
Is THE ABINGER GREEN CIO financially healthy?
Per its FY2025 accounts: The accounts state that total assets net of liabilities stood at £338,160, comprising £36,731 in cash and £306,529 in social investments. The charity is funded by donations from a single individual and has made disbursements totaling £89,677 to its investee, SteamaCo. Reserves are maintained at the discretion of the Trustees to support future social investments and governance costs. Its FY2025 accounts were independently examined.