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THE CHIMO TRUST CIO

Registered charity 1198696 · accounts filings on the Charity Commission register

Latest income
£150k
Latest spending
£251k
Registered
2022
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported total incoming resources of £5,390,285 and total expenditure of £925,531 for the period ended 30 April 2023. The net assets stood at £4,125,982, with unrestricted funds covering all liabilities. The trustees confirmed that the charity has sufficient resources to continue as a going concern with no material uncertainties identified.

What the accounts disclose

Reserves policy: sufficient reserves to cover all existing grant commitments and to fund future grants from investment returns generated on its reserves supplemented by third party donations (held: £4.1m)
“Chimo's policy is to hold sufficient reserves to cover all existing grant commitments and to fund future grants from investment returns generated on its reserves supplemented by third party donations.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Anderson Barrowcliff LLP.

Structured financials (annual return, FY ending 30/04/2024)

Total income
£640k
Total spending
£325k
Cost of raising funds
£21k
Reserves (reported)
£4.6m
Employees
0

Reported reserves equal ~170.4 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/04/2025£150k£251k
30/04/2024£640k£325k
30/04/2023£5.4m£926k

Common questions

Is THE CHIMO TRUST CIO financially healthy?

The accounts state that the charity reported total incoming resources of £5,390,285 and total expenditure of £925,531 for the period ended 30 April 2023. The net assets stood at £4,125,982, with unrestricted funds covering all liabilities. The trustees confirmed that the charity has sufficient resources to continue as a going concern with no material uncertainties identified. Its FY2023 accounts were audited by Anderson Barrowcliff LLP.

Who funds THE CHIMO TRUST CIO?

Funders whose own accounts filings name THE CHIMO TRUST CIO as a grant recipient include THE ADFAL TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE ADFAL TRUSTFY2024£0

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
SHAAREI RACHAMIM LIMITED2£31k
STARLOW CHARITIES LIMITED1£771k
GERSON BERGER ASSOCIATION LIMITED1£198k
KOLYOM TRUST LIMITED1£138k
ZOREYA TZEDOKOS1£81k
GEFEN FOUNDATION1£59k
NER FOUNDATION1£52k
B K CHARITABLE TRUST1£43k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with TOMCHIM.