QUEST ACADEMY
Financial health, per its FY2024 accounts
The accounts state that Quest Academy reported a net income of $29,611 for the year ended 31 December 2024, with total operational income of $321,366 against expenses of $291,756. Per the balance sheet, the charity held total assets of $99,761 and total liabilities of $70,150, resulting in net equity of $29,611. The trustees note that despite challenges and limited resources, the mission continues to grow.
What the accounts disclose
Trustees
- Matthew Steven Paschallchair
- Marcus Baeder
- Peter Samir Ayad Andirawes.
- Stephen Paul Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £256k | £233k |
Common questions
Is QUEST ACADEMY financially healthy?
The accounts state that Quest Academy reported a net income of $29,611 for the year ended 31 December 2024, with total operational income of $321,366 against expenses of $291,756. Per the balance sheet, the charity held total assets of $99,761 and total liabilities of $70,150, resulting in net equity of $29,611. The trustees note that despite challenges and limited resources, the mission continues to grow. Its FY2024 accounts were audited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMERICAN SCHOOL IN LONDON FOUNDATION (UK) LIMITED | 1 | £6.7m |
| THE JD FOUNDATION | 1 | £561k |
| THE ROTHSCHILD FOUNDATION | 1 | £400k |
| THE MASTER CHARITABLE TRUST | 1 | £250k |
| THE BRITISH DIABETIC ASSOCIATION | 1 | £184k |
| BRITISH HEART FOUNDATION | 1 | £100k |
| THE HEALTH FOUNDATION | 1 | £100k |
| Arthritis UK | 1 | £97k |