FIFTYFOUR TWO FOUNDATION (54:2 FOUNDATION)
Fiftyfour Two Foundation's has a policy of making grants and/or providing or funding consultancy services that will help prevent or relieve poverty, advance the Christian faith and/or advance the effectiveness and efficiency of Charities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a loss of £75,526 for the year, with total expenditure exceeding income. However, the trustees confirm that the charity retains substantial unrestricted reserves of £900,384, which they consider more than adequate to support the charity given its minimal operating costs.
What the accounts disclose
“As such, the Trustees consider that the level of reserves not held for a specific purpose which are needed to support the Charity are de minimis, and more than adequately covered by our present reserves.”
Structured financials (annual return, FY ending 30/09/2023)
Trustees
- CHRISTOPHER DAVID DALZIEL
- ELEANOR CATHERINE DALZIEL
- HILARY ANNE DALZIEL
- JENNIFER RUTH STIRRUP
- Peter Stirrup
- Samuel John Dalziel
- William Dalziel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £67k | £165k |
| 30/09/2024 | £61k | £162k |
| 30/09/2023 | £1.2m | £181k |
| 30/09/2022 | £217k | £210k |
| 30/09/2021 | £0 | £49k |
Common questions
Is FIFTYFOUR TWO FOUNDATION (54:2 FOUNDATION) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a loss of £75,526 for the year, with total expenditure exceeding income. However, the trustees confirm that the charity retains substantial unrestricted reserves of £900,384, which they consider more than adequate to support the charity given its minimal operating costs. Its FY2025 accounts were independently examined.