REFUGEASE
We are a small and mighty UK-based NGO that lives to help our war-torn brothers and sisters around the globe. At your service: emergency humanitarian aid, crisis awareness, and education for refugees.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net deficit of £26,137 for the year, resulting in a negative unrestricted reserves position of £54,465 at year-end. The Trustees acknowledge the charity is insolvent at the balance sheet date but remain confident that the recovery plan will restore a solvent position. The charity is dependent on continuing voluntary donations and trading revenues to maintain its going concern status.
What the accounts disclose
“Total fundraising costs 204,657”
“The balance sheet shows a negative reserves position as at the year-end and at the date of signing this report.” — page 13
“The Trustees identify that the charity is insolvent at the balance sheet date and the date of signing but are confident that the recovery plan in place will be sufficient to bring the charity back into a solvent position.” — page 25
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Gregory James Holderchair
- Jonathan Edward Traquair
- Lorna Furminger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £300k | £323k |
| 31/12/2023 | £428k | £537k |
| 31/12/2022 | £749k | £680k |
| 31/12/2021 | £250k | £247k |
| 31/12/2020 | £60k | £52k |
Common questions
Is REFUGEASE financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net deficit of £26,137 for the year, resulting in a negative unrestricted reserves position of £54,465 at year-end. The Trustees acknowledge the charity is insolvent at the balance sheet date but remain confident that the recovery plan will restore a solvent position. The charity is dependent on continuing voluntary donations and trading revenues to maintain its going concern status. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE A B CHARITABLE TRUST | 4 | £165k |
| SOCIETY OF THE HOLY CHILD JESUS CIO | 3 | £72k |
| THE TOLKIEN TRUST | 2 | £426k |
| THE BROMLEY TRUST | 2 | £125k |
| Charity of Thomas Dawson | 2 | £64k |
| THE REED FOUNDATION | 2 | £11k |
| THE ST MICHAELS AND ALL SAINTS CHARITY | 2 | £8k |
| MR AND MRS J A PYE'S CHARITABLE SETTLEMENT | 2 | £6k |
Charities like this
- REFUGEE SUPPORT EUROPE
- ASYLUM WELCOME
- REFUGEES AT HOME
- ART REFUGE
- Refugee Support Group
- REFUGEE RESOURCE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| REFUGEASE | £300k | — | 0 | below | 75.5% | noted |
| REFUGEE SUPPORT EUROPE | £383k | — | 0 | unclear | — | noted |
| ASYLUM WELCOME | £1.6m | Under £60,000 | 0 | above | — | no doubt |
| REFUGEES AT HOME | £1.2m | — | — | above | — | no doubt |
| ART REFUGE | £106k | — | 0 | above | — | no doubt |
| Refugee Support Group | £973k | — | 0 | unclear | — | no doubt |