ACE SMA
Making grants to fund research for the improvement to the lives of children living with Spinal Muscular Atrophy.
Objects
THE OBJECTS OF THE CIO ARE THE RELIEF OF SICKNESS AND THE PRESERVATION OF HEALTH, IN PARTICULAR BUT NOT EXCLUSIVELY BY:(A) THE RELIEF AND TREATMENT OF PEOPLE WITH SPINAL MUSCULAR ATROPHY;(B) THE PROMOTION AND SUPPORT OF RESEARCH INTO THE CAUSE, TREATMENT AND POSSIBLE PREVENTION OF SPINAL MUSCULAR ATROPHY AND THE PUBLICATION AND DISSEMINATION OF THAT RESEARCH FOR THE PUBLIC BENEFIT; AND(C) THE ADVANCEMENT OF THE EDUCATION OF THE GENERAL PUBLIC IN SPINAL MUSCULAR ATROPHY.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £17,330 for the year, resulting in total unrestricted reserves falling to £19,872. The trustees' report notes a reserves policy of keeping sufficient funds to support ongoing activity for at least one year, which the current reserves appear to meet given the low expenditure level relative to the reserve balance. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“ACE SMA has a policy of keeping sufficient reserves to support its ongoing activity for at least one year.” — page 3
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Michael Alexander Howeschair
- Anne-Marie Helen Wheatley-Hubbard M.A.
- Charlotte Alexandra Elizabeth O'Hora Banks
- Oliver Charles Llewelyn Williams
- Rosemary Rachel Guest
- Sophie Christine Caroline Romjke Howes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £78k | £95k |
| 31/07/2024 | £15k | £153k |
| 31/07/2023 | £29k | £3k |
| 31/07/2022 | £173k | £36k |
| 31/07/2021 | £18k | £7k |
Common questions
Is ACE SMA financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £17,330 for the year, resulting in total unrestricted reserves falling to £19,872. The trustees' report notes a reserves policy of keeping sufficient funds to support ongoing activity for at least one year, which the current reserves appear to meet given the low expenditure level relative to the reserve balance. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.