THE CHILDREN'S AID COMMITTEE CHARITABLE FUND
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves increased to £916,774, supported by a net gain on investments of £87,688 which offset a net operating loss of £48,335. The trustees confirm that investment performance is sufficient to cover foreseeable requirements and that adequate resources are available to meet obligations. There are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity's policy regarding the appropriate level of reserves to be maintained is governed by the constitution. The capital account is treated as restricted funds insofar as no part thereof shall be applied by means of grants without a special resolution and the approval of not less than three of the trustees In accordance with the constitution, all income is treated as unrestricted income, as it is available for the purposes of the charity.”
Register events
- Received assets from another charity (22/03/2019)
Trustees
- JONATHAN ASHLEY STEINBERG FCAchair
- ABRAHAM DAVID LANDY
- DAWN REBECCA FRANGI FCA
- Marc Herman
- WARREN SPENCER STARR FCA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £169k | £168k |
| 31/12/2023 | £139k | £188k |
| 31/12/2022 | £133k | £143k |
| 31/12/2021 | £135k | £107k |
| 31/12/2020 | £134k | £71k |
Common questions
Is THE CHILDREN'S AID COMMITTEE CHARITABLE FUND financially healthy?
The accounts state that unrestricted reserves increased to £916,774, supported by a net gain on investments of £87,688 which offset a net operating loss of £48,335. The trustees confirm that investment performance is sufficient to cover foreseeable requirements and that adequate resources are available to meet obligations. There are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RONTADES LIMITED | 1 | £300k |
| THE SANDHU CHARITABLE FOUNDATION | 1 | £88k |
| BAKER FAMILY CHARITABLE TRUST | 1 | £75k |
| THE BLUSTON CHARITABLE SETTLEMENT | 1 | £50k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £40k |
| THE ROSE FOUNDATION | 1 | £31k |
| THE MEDLOCK CHARITABLE TRUST | 1 | £25k |
| GOLDHEART CHARITY LIMITED | 1 | £25k |