PROPOSITION RTHAPOE LTD
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a net deficit of £134,546 for the year, reducing unrestricted funds from £204,614 to £70,068. The trustees note that the company is dependent on continued support from grant-aiding bodies to maintain going concern status. Additionally, the charity faces risks regarding security of tenure for its properties and has outstanding debts to contractors and a Coronavirus Bounce Back loan.
What the accounts disclose
“The company is dependent on the continued support of grant aiding bodies. The trustees believe that the company will continue to receive this support and accordingly consider that it is appropriate to prepare the financial statements on the going concern basis.” — page 17
“At the year end there was a balance outstanding in creditors of a £22,904 loan payable to Oaksure Property Protection Limited, a company in which Mr D Hudson, a trustee, has a material interest.” — page 23
“There was also a balance outstanding in creditors of £4,341 relating to expenses owed to Mr D Hudson.” — page 23
“At the year end there was a balance outstanding in creditors of a £22,904 loan payable to Oaksure Property Protection Limited, a company in which Mr D Hudson, a trustee, has a material interest.” — page 23
“There was also a balance outstanding in creditors of £4,341 relating to expenses owed to Mr D Hudson.” — page 23
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- DANIEL J HUDSONchair
- Christopher Pippet
- Hernan Barros
- Omar Castaneda
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £857k | £1.2m |
| 30/04/2024 | £559k | £694k |
| 30/04/2023 | £626k | £301k |
| 30/04/2022 | £426k | £533k |
| 30/04/2021 | £426k | £533k |
Common questions
Is PROPOSITION RTHAPOE LTD financially healthy?
The accounts state that the charity recorded a net deficit of £134,546 for the year, reducing unrestricted funds from £204,614 to £70,068. The trustees note that the company is dependent on continued support from grant-aiding bodies to maintain going concern status. Additionally, the charity faces risks regarding security of tenure for its properties and has outstanding debts to contractors and a Coronavirus Bounce Back loan. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AKO FOUNDATION | 2 | £3.4m |
| CLEAN AIR FUND | 1 | £929k |
| GARFIELD WESTON FOUNDATION | 1 | £250k |
| JOHN ELLERMAN FOUNDATION | 1 | £226k |
| THE DRW FOUNDATION | 1 | £109k |
| THE ICTHIUS CHARITABLE TRUST | 1 | £43k |
| LEVINE FAMILY FOUNDATION | 1 | £30k |
| THE PENNIES FOUNDATION | 1 | £23k |