THE NAGLE FAMILY FOUNDATION
The objects of the CIO are to advance, promote or carry out such charitable purposes whichare beneficial to the public as the trustees in their absolute discretion think fit.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £1,121,861 to £1,011,773 during the financial year, resulting in a net deficit of £110,088. The trustees aim to maintain free reserves to respond to grant applications and cover support costs, noting that the charity needs cash reserves to ensure stable service provision and meet contractual obligations. Per the independent auditor's report, there are no material uncertainties relating to the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds to respond to applications for grants and ensure that support and governance costs are covered.” — page 5
Structured financials (annual return, FY ending 31/05/2022)
Trustees
- Peter Naglechair
- Adam James Nagle
- Helena Ciara Nagle
- PAUL NAGLE
- Rebecca Helena Nagle
- SHARON NAGLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £150k | £260k |
| 31/05/2024 | £165k | £225k |
| 31/05/2023 | £150k | £341k |
| 31/05/2022 | £626k | £361k |
| 31/05/2021 | £500k | £468k |
Common questions
Is THE NAGLE FAMILY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £1,121,861 to £1,011,773 during the financial year, resulting in a net deficit of £110,088. The trustees aim to maintain free reserves to respond to grant applications and cover support costs, noting that the charity needs cash reserves to ensure stable service provision and meet contractual obligations. Per the independent auditor's report, there are no material uncertainties relating to the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Hugh McCarthy & Associates.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST AIDANS SOUTHCOATES | 1 | £7k |
Charities like this
- JCD FOUNDATION
- Forum CIO
- THE DODGSON FOUNDATION
- THE RAMP
- MOVEMENT TO WORK
- THE GALE FOUNDATION TRUST CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NAGLE FAMILY FOUNDATION | £150k | — | 0 | unclear | — | no doubt |
| JCD FOUNDATION | £2.1m | — | 0 | unclear | — | no doubt |
| Forum CIO | £2.1m | — | 0 | unclear | — | no doubt |
| THE DODGSON FOUNDATION | £124k | — | 0 | unclear | — | no doubt |
| THE RAMP | £678k | Under £60,000 | 0 | within | — | no doubt |
| MOVEMENT TO WORK | £868k | — | 0 | unclear | — | no doubt |