EA FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that the charity held unrestricted reserves of £4,941,048 at the year end, derived primarily from a £4.97m share sale and a donation from Energy Aspects Ltd. The trustees developed a new reserves policy during the year, though no specific target amount or duration is explicitly stated in the text. The auditor confirmed there were no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“As detailed in the Trustees' Report, four of the trustees are employees of Energy Aspects Ltd, which is the source of all donations to the charity.” — page 16
“This included a donation of $100,000 (£82,471) from Energy Aspects Ltd”
“As detailed in the Trustees' Report, four of the trustees are employees of Energy Aspects Ltd, which is the source of all donations to the charity.” — page 16
“This included a donation of $100,000 (£82,471) from Energy Aspects Ltd”
“As detailed in the Trustees' Report, four of the trustees are employees of Energy Aspects Ltd, which is the source of all donations to the charity.” — page 16
“This included a donation of $100,000 (£82,471) from Energy Aspects Ltd”
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Richard Jonathan Bronzechair
- Amrita Sen
- Divya Behl
- Dr Trevor Michael Sikorski
- Fredrik Fosse
- Jessica Charlotte Mary Talbot
- Keith Kibirango
- Lucy Philipa Anne Mortimer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £180k | £1.6m |
| 31/12/2023 | £213k | £907k |
| 31/12/2022 | £5.1m | £185k |
| 31/12/2021 | £147k | £96k |
Common questions
Is EA FOUNDATION financially healthy?
The accounts state that the charity held unrestricted reserves of £4,941,048 at the year end, derived primarily from a £4.97m share sale and a donation from Energy Aspects Ltd. The trustees developed a new reserves policy during the year, though no specific target amount or duration is explicitly stated in the text. The auditor confirmed there were no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2022 accounts were audited by Alliotts LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MUSIC IN SECONDARY SCHOOLS TRUST | 1 | £24k |
| OVE ARUP PARTNERSHIP CHARITABLE TRUST | 1 | £11k |