Charity Accounts Intelreading the accounts so you don’t have to

DIDACT FOUNDATION

Registered charity 1203091 · accounts filings on the Charity Commission register

Latest income
£288k
Latest spending
£391k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of -£227,422, reflecting a deficit generated during its initial start-up phase. The trustees anticipate that the financial position will improve as additional income streams are generated to fund operational costs.

What the accounts disclose

Accounts audited by Sumer Auditco Limited.

Structured financials (annual return, FY ending 31/12/2023)

Total income
£1.8m
Total spending
£1.9m
Reserves (reported)
£0
Employees
1

Reported reserves equal ~0.0 months of spending — in the bottom 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
31/12/2024£288k£391k
31/12/2023£1.8m£1.9m

Common questions

Is DIDACT FOUNDATION financially healthy?

The accounts state that the charity holds unrestricted reserves of -£227,422, reflecting a deficit generated during its initial start-up phase. The trustees anticipate that the financial position will improve as additional income streams are generated to fund operational costs. Its FY2024 accounts were audited by Sumer Auditco Limited.

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
ONE FOOTSTEP1—
THE GENERATIONAL FOUNDATION1£500k
THE MAURICE WOHL CHARITABLE FOUNDATION1£400k
THE CHARLES WOLFSON CHARITABLE TRUST1£150k
Blood Cancer UK Research1£87k
THE MOTIVATION CHARITABLE TRUST1£81k
THE REGATTA FOUNDATION1£50k
THE UKI CHARITABLE FOUNDATION1£38k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION.