ANGEL TRUST - A CHARITY FOR THE PEOPLE
Financial health, per its FY2024 accounts
The accounts state that the charity generated total income of £454,315 and incurred expenditure of £407,348, resulting in a net surplus for the year. Unrestricted reserves increased to £149,361, which the trustees note represents around eight months of routine expenditure, exceeding their policy target of six months. The independent examiner confirmed that no material matters came to their attention regarding the financial statements.
What the accounts disclose
“Trustees aim to hold six months running costs as free reserves.” — page 9
“M Boyes is a trustee of the charity. During the year he was paid £14,210 (2023 - £14,232) in respect of services provided to run the charity's events.” — page 25
“K Stabler is also a trustee of the charity. She was paid £700 during the year (2023 - Nil) for the provision of training.” — page 25
“M Boyes is a trustee of the charity. During the year he was paid £14,210 (2023 - £14,232) in respect of services provided to run the charity's events.” — page 25
“K Stabler is also a trustee of the charity. She was paid £700 during the year (2023 - Nil) for the provision of training.” — page 25
“The investments represent 1 £1 share in Angel Trust Trading Limited and 1 £1 share in Angel Trust Coffee Shop Limited.” — page 22
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- BERYL ANDERSONchair
- Luke Jones
- MARK BOYES
- Michelle Telford
- Nicola Harmer
- Nicola Stephenson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £944k | £845k |
| 30/06/2024 | £454k | £407k |
| 30/06/2023 | £369k | £361k |
| 30/06/2022 | £295k | £287k |
| 30/06/2021 | £125k | £140k |
Common questions
Is ANGEL TRUST - A CHARITY FOR THE PEOPLE financially healthy?
The accounts state that the charity generated total income of £454,315 and incurred expenditure of £407,348, resulting in a net surplus for the year. Unrestricted reserves increased to £149,361, which the trustees note represents around eight months of routine expenditure, exceeding their policy target of six months. The independent examiner confirmed that no material matters came to their attention regarding the financial statements. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GUILD ESTATE ENDOWMENT | 1 | £3.3m |
| COLLEGE ESTATE ENDOWMENT | 1 | £1.4m |
| CALISEN IMPACT CHARITABLE TRUST | 1 | £13k |
| PORTSWOOD CHURCH | 1 | £5k |
| THE SISTERS OF THE POOR CHILD JESUS | 1 | £3k |
| THE FINNIS SCOTT FOUNDATION | 1 | £500 |