CHUMS CHARITY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £9,816 for the year, resulting in a decrease in unrestricted general reserves from £101,145 to £85,006. Per the trustees' report, the charity maintains a reserves policy targeting six months of operational costs, and the current unrestricted reserves of £85,006 are considered prudent given the erratic nature of some income sources.
What the accounts disclose
“The Reserves Policy was reviewed and approved by the Charity at its Trustees meeting on 17 July 2023 and has retained the reserves target as six months operational costs rising to a maximum of twelve months.” — page 11
Funders the charity credits
- Issured
Structured financials (annual return, FY ending 31/05/2025)
Register events
- Received assets from another charity (09/11/2021)
- Received assets from another charity (10/02/2021)
Trustees
- Andrew Mark Carterchair
- DAWN HEWITT
- Jenny Coles CBE
- Jessica Margaret Ann Costanzo
- Kevin Lawson-McNamara
- SHARON KNOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £537k | £546k |
| 31/05/2024 | £448k | £469k |
| 31/05/2023 | £541k | £551k |
| 31/05/2022 | £357k | £350k |
| 31/05/2021 | £427k | £408k |
Common questions
Is CHUMS CHARITY financially healthy?
The accounts state that the charity reported a net expenditure of £9,816 for the year, resulting in a decrease in unrestricted general reserves from £101,145 to £85,006. Per the trustees' report, the charity maintains a reserves policy targeting six months of operational costs, and the current unrestricted reserves of £85,006 are considered prudent given the erratic nature of some income sources. Its FY2023 accounts were independently examined.
Who funds CHUMS CHARITY?
Funders whose own accounts filings name CHUMS CHARITY as a grant recipient include THE KRISTINA MARTIN CHARITABLE TRUST, THE BARBARA WARD CHILDREN'S FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE KRISTINA MARTIN CHARITABLE TRUST | FY2023 | £10k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | FY2023 | £3k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | FY2025 | £2k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | FY2024 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 2 | £720k |
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| STARLOW CHARITIES LIMITED | 1 | £70k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| PARKLAKE CHARITY TRUST | 1 | £2k |