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

ARDONAGH COMMUNITY TRUST

Registered charity 1175060 · accounts filings on the Charity Commission register

Latest income
£212k
Latest spending
£795k
Registered
2017
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure of £365,584 for the year, a significant shift from the previous year's net income, driven by an 88.4% decrease in total income. Despite this, unrestricted reserves stood at £778,790, which the trustees consider adequate to cover basic activities and sustain operations into 2025. The charity remains dependent on funding from its parent Group, though a two-year donation plan is in place to mitigate this risk.

What the accounts disclose

Reserves policy: unrestricted designated reserve funds of up to £500,000 (held: £779k)
“we aim to achieve adequate reserves to cover basic activities, meaning unrestricted designated reserve funds of up to £500,000.” — page 8
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustees are remunerated by the Group, not the charity. No transactions disclosed.
“During the reporting year and preceding year, no related party transactions took place. All trustees are remunerated through their employment with The Ardonagh Group, a related party to the charity.” — page 33
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — ACT (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2022)

Total income
£1.9m
Total spending
£791k
Cost of raising funds
£123k
Reserves (reported)
£1.0m
Employees
0

Reported reserves equal ~15.4 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Ireland · Isle Of Man · Jersey · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£212k£795k
31/12/2023£221k£587k
31/12/2022£1.9m£791k
31/12/2021£173k£585k
31/12/2020£737k£240k

Common questions

Is ARDONAGH COMMUNITY TRUST financially healthy?

The accounts state that the charity reported a net expenditure of £365,584 for the year, a significant shift from the previous year's net income, driven by an 88.4% decrease in total income. Despite this, unrestricted reserves stood at £778,790, which the trustees consider adequate to cover basic activities and sustain operations into 2025. The charity remains dependent on funding from its parent Group, though a two-year donation plan is in place to mitigate this risk. Its FY2023 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 ROTHLEY TRUST1£8k

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