THE 3C FOUNDATION
.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £10,644 at the end of the financial year, an increase from the previous year's £8,572. The trustees do not view holding reserves as necessary given the size and activities of the Foundation. They are confident that charitable activities can be maintained throughout the forthcoming year based on current cash balances.
What the accounts disclose
“Given the size and activities of the Foundation the Trustees do not view holding reserves as necessary.” — page 5
Trustees
- GAETAN VERHOOSELchair
- JOANNE CROSS
- STEPHEN JOHN SACKUR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £97k | £95k |
| 31/12/2023 | £97k | £98k |
| 31/12/2022 | £4k | £60k |
| 31/12/2021 | £66k | £101k |
| 31/12/2020 | £4k | £106k |
Common questions
Is THE 3C FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £10,644 at the end of the financial year, an increase from the previous year's £8,572. The trustees do not view holding reserves as necessary given the size and activities of the Foundation. They are confident that charitable activities can be maintained throughout the forthcoming year based on current cash balances. Its FY2024 accounts were independently examined.