CDAC NETWORK LIMITED
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £504,714 against total expenditure of £450,884, resulting in a net surplus of £53,830. The charity holds unrestricted reserves of £128,759, which the trustees confirm exceeds their stated minimum reserves policy target of £45,723. The directors and auditors report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Dr Geoff Loane
- Richard John Lace
- Roslyn Claire KRATOCHVIL MOORE
- Samia Baheej Nasri Qumri
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £975k | £964k |
| 31/12/2024 | £505k | £451k |
| 31/12/2023 | £481k | £586k |
| 31/12/2022 | £651k | £896k |
| 31/12/2021 | £1.2m | £1.0m |
Common questions
Is CDAC NETWORK LIMITED financially healthy?
The accounts state that total income for the year was £504,714 against total expenditure of £450,884, resulting in a net surplus of £53,830. The charity holds unrestricted reserves of £128,759, which the trustees confirm exceeds their stated minimum reserves policy target of £45,723. The directors and auditors report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ELRHA | 1 | £1.4m |
| Howden Foundation | 1 | £602k |
| Tinsley Charitable Trust | 1 | £300k |
| BLISS FAMILY CHARITY | 1 | £81k |
| THE ROTHLEY TRUST | 1 | £8k |
| THE DOROTHY WHITNEY ELMHIRST TRUST | 1 | £5k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £1k |