AOUK & I
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £1,652,781, which the trustees consider necessary to mitigate the risk of funding reduction or cessation from their single donor. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“The trustees consider that the present level of reserves is required because at present the AOUK & I is grant funded by a single donor. This carries an inherent risk of reduction or cessation of funding. Reserves are held to mitigate that uncertainty so that the Charity can continue to meet its charitable objectives.” — page 3
Register events
- Received assets from another charity (03/05/2022)
Trustees
- Barry Shaun O'Brien
- Iain Anthony McFadyen
- Ian Sharp
- Lisa Hadfield-Law
- Pauline Johnston
- Professor John Francis Quinlan
- Sorrel Langley-Hobbs
- Susan Deakin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £278k | £322k |
| 31/12/2024 | £312k | £276k |
| 31/12/2023 | £329k | £315k |
| 31/12/2022 | £312k | £394k |
| 31/12/2021 | £301k | £297k |
Common questions
Is AOUK & I financially healthy?
The accounts state that the charity holds unrestricted reserves of £1,652,781, which the trustees consider necessary to mitigate the risk of funding reduction or cessation from their single donor. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2024 accounts were audited by Fortus Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Arthritis UK | 1 | £50k |
| THE LEAGUE OF FRIENDS TO THE ROBERT JONES & AGNES HUNT ORTHOPAEDIC HOSPITAL | 1 | £24k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £3k |
| THE OAKDALE TRUST | 1 | £2k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £1k |