Flat Iron Trust
Latest income
£594k
Latest spending
£608k
Registered
2018
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income surplus of £14,711 for the year ended 31 August 2024, resulting in total unrestricted funds of £71,663. The trustees confirmed that the charity has adequate resources to continue in existence for the foreseeable future.
What the accounts disclose
Related-party transaction: Flat Iron Steak Limited donated £276,173 to the Fund. Trustee Charlie Carroll is a shareholder in the parent company, and Trustee Sophie Carroll is the spouse of a shareholder in the parent company.
“Flat Iron Steak Limited donated £276,173 (2023 £148,759) to the Fund during the year ended 31 August 2024. During the year Charlie Carroll, a trustee of the Fund, was also a shareholder in the parent company of Flat Iron Steak Limited, FI Holdings Limited. During the year, Sophie Carroll, a trustee of the Fund, was the spouse of a shareholder in the parent company of Flat Iron Steak Limited.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2025)
Total income
£594k
Total spending
£608k
Reserves (reported)
£58k
Employees
0
Trustees
- Thomas Byngchair
- Louise Austin
- MAGNUS GOODLAD
- Simon Atwell Boston
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £594k | £608k |
| 31/08/2024 | £553k | £538k |
| 31/08/2023 | £298k | £274k |
| 31/08/2022 | £144k | £136k |
| 31/08/2021 | £0 | £6k |
Common questions
Is Flat Iron Trust financially healthy?
The accounts state that the charity reported a net income surplus of £14,711 for the year ended 31 August 2024, resulting in total unrestricted funds of £71,663. The trustees confirmed that the charity has adequate resources to continue in existence for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRIDGE HOUSE ESTATES | 1 | £695k |
| THE INDIGO TRUST | 1 | £150k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £110k |
| WESTWAY TRUST | 1 | £5k |