AVRA FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net reduction in unrestricted funds of £210 for the year ended 31 December 2024, resulting in a closing fund balance of £2,280. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with the auditor confirming no material uncertainties regarding going concern.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level to ensure they can meet the obligations of the Charity.” — page 4
Corporate structure
- Registered company of the charity Companies House 11194376
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- CHRISTOPHER JONATHAN JAMES GROVES
- George Kangis
- Kim Haakonson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.4m | £1.8m |
| 31/12/2024 | £1.3m | £1.3m |
| 31/12/2023 | £2.1m | £2.1m |
| 31/12/2022 | £1.9m | £1.9m |
| 31/12/2021 | £1.9m | £2.3m |
Common questions
Is AVRA FOUNDATION financially healthy?
The accounts state that the charity reported a net reduction in unrestricted funds of £210 for the year ended 31 December 2024, resulting in a closing fund balance of £2,280. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with the auditor confirming no material uncertainties regarding going concern. Its FY2024 accounts were audited by Rayner Essex LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MILLENNIUM OAK TRUST | 1 | £100k |