CG PHILANTHROPIES
Financial health, per its FY2024 accounts
The accounts state that total expenditure for the year was £108,881, fully funded by voluntary income of the same amount, resulting in a net incoming resource of zero. Per the trustees' report, unrestricted funds carried forward were £25,000, which the trustees consider adequate to cover activities for the next twelve months alongside a received commitment for further funding.
What the accounts disclose
“At the end of the period, no balances were held in reserve for organisational, administrative and governance costs, but a commitment has been received for a gift of a further £25,000, a level that is believed to be adequate to cover activities for the next twelve months.” — page 8
“In the year under review, Niall Carroll gifted funding to the charity.”
Trustees
- niall david joseph carroll Mrchair
- CLIFFORD JAMES SACKS
- MARTIN LAWRENCE KINGSTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £109k | £109k |
| 31/12/2023 | £25k | £0 |
Common questions
Is CG PHILANTHROPIES financially healthy?
The accounts state that total expenditure for the year was £108,881, fully funded by voluntary income of the same amount, resulting in a net incoming resource of zero. Per the trustees' report, unrestricted funds carried forward were £25,000, which the trustees consider adequate to cover activities for the next twelve months alongside a received commitment for further funding. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £30k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE LOPPYLUGS AND BARBARA MORRISON CHARITABLE TRUST | 1 | £17k |
| UNSEEN (UK) | 1 | £15k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |
| G F EYRE CHARITABLE TRUST | 1 | £800 |