CAMBRIDGE FORUM FOR THE CONSTRUCTION INDUSTRY
To further education and development of the construction industry in Cambridge, by: advancing education, learning and understanding; awarding of grants, bursaries, scholarships, provision of other financial assistance; and for the public benefit, particularly but not exclusively in the area of the city of Cambridge to promote and support high standards in planning, design and architecture
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of negative £2,811 for the year, resulting in a decrease in unrestricted reserves from £132,223 to £129,412. Despite this deficit, the trustees confirm that free reserves are adequate to support the charity and maintain its operational commitments.
What the accounts disclose
“As a Charity we now believe that we should maintain an Operational Reserve of £40,000, sufficient for 12 months' expenditure and the Trustees' discretion over the annual grants to be awarded. Free reserves (unrestricted funds less fixed assets) were £129,412 at the period end. The CIO is determined to maintain further unrestricted reserves to accommodate 2 years of disrupted operations while maintaining its grants and operational commitments and policies.”
“Peter Northmore, a Trustee of CFCI is a director of Northmore Associates Limited. This company has been used for secretarial and accounting duties during the first 4 months of the year. These costs are included in secretarial/accountancy services and amount to £403 for the year ended 31 December 2024 (2023: £3,910). Thomas Foggin, a Trustee of CFCI is a director of R H Partnership Architects. The company was reimbursed £117 in the year in respect of CFCI IT costs incurred using the company credit card (2023: £Nil). All Trustees are members of the CIO or belong to organisations which are members of the CIO. There is no benefit to the Trustees or their organisations from trusteeship and tickets are available to events on the same basis as other members.” — page 17
Register events
- Received assets from another charity (11/06/2020)
Trustees
- Thomas John Fogginchair
- Alexandra Pike
- Andrew John Cocksedge
- Colin Boyd
- Daniel MacKenzie
- Gavin J Heaphy
- Gwilym Still
- Isabel Claire McTiffin
- James Godden
- Karlien Paul Maria Geens
- Keir Dixon
- Kelly West
- Nicola Carniato
- Peter McKeown
- Richard Lamont Leo Owers
- Roland Joel Gustafsson
- Sarah Alison Potter
- Stuart John Websdale
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £116k | £119k |
| 31/12/2023 | £90k | £88k |
| 31/12/2022 | £118k | £104k |
| 31/12/2021 | £55k | £56k |
| 31/12/2020 | £28k | £47k |
Common questions
Is CAMBRIDGE FORUM FOR THE CONSTRUCTION INDUSTRY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of negative £2,811 for the year, resulting in a decrease in unrestricted reserves from £132,223 to £129,412. Despite this deficit, the trustees confirm that free reserves are adequate to support the charity and maintain its operational commitments. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITFORD BRIDGE TRUST | 2 | £85k |
| PRISM THE GIFT FUND | 1 | £200k |
| THE EVELYN TRUST | 1 | £174k |
| THE PILGRIM TRUST | 1 | £10k |
| THE PENCHANT FOUNDATION | 1 | £6k |
| THE TALISMAN CHARITABLE TRUST | 1 | £6k |
| THE HOBSON CHARITY LIMITED | 1 | £5k |
| THE STRANGWARD TRUST | 1 | £5k |
Charities like this
- CAMBRIDGE CYRENIANS LIMITED
- KING'S CHURCH CAMBRIDGE
- CAMBRIDGE CHINESE COMMUNITY CENTRE
- CAMBRIDGE PRINGLE GROUP
- CAMBRIDGE EDUCATION AND DEVELOPMENT TRUST
- THE CHURCH SCHOOLS OF CAMBRIDGE (THE OLD SCHOOLS)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CAMBRIDGE FORUM FOR THE CONSTRUCTION INDUSTRY | £116k | — | 0 | unclear | — | no doubt |
| CAMBRIDGE CYRENIANS LIMITED | £1.7m | — | 0 | within | — | no doubt |
| KING'S CHURCH CAMBRIDGE | £162k | — | 0 | unclear | — | no doubt |
| CAMBRIDGE CHINESE COMMUNITY CENTRE | £171k | — | 0 | unclear | — | no doubt |
| CAMBRIDGE PRINGLE GROUP | £822k | Under £60,000 | 0 | within | — | no doubt |
| CAMBRIDGE EDUCATION AND DEVELOPMENT TRUST | £200k | — | 0 | above | — | not going concern |