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NRC IN UK

Registered charity 1206170 · accounts filings on the Charity Commission register

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Latest income
£2.6m
Latest spending
£2.5m
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that NRC UK reported net liabilities of £36,328 as of 31 December 2024, with unrestricted reserves of £19,467. The trustees consider that current account deposits equating to approximately three months of unrestricted charitable expenditure provide sufficient funds on hand, and the auditor confirmed no material uncertainties regarding the going concern basis.

What the accounts disclose

Reserves policy: three months of unrestricted charitable expenditure (held: £19k)
“The trustees instruct officers of NRC UK to maintain current account deposits at a level which equates to approximately three months of unrestricted charitable expenditure.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: NRC UK received £1,760,882 from Norwegian Refugee Council (NRC). NRC in UK paid £600,000 to NRC to support the work of NRC in Nigeria via the NRC
“During the year NRC in UK received £1,760,882 (2024 -£2,123,354) from Norweigian Refugee Council (NRC). NRC in UK is a representation office in the UK of the NRC. NRC in UK paid £600,000 to NRC to support the work of NRC in Nigeria via the NRC” — page 41
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.6m
Total spending
£2.5m
Reserves (reported)
£36k
Employees
30

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Afghanistan · Bangladesh · Burkina Faso · Cameroon · Central African Republic · Colombia · Congo (Democratic Republic) · Djibouti · Ecuador · El Salvador · Eritrea · Ethiopia

Income and spending

Financial year endIncomeSpending
31/12/2024£2.6m£2.5m

Common questions

Is NRC IN UK financially healthy?

The accounts state that NRC UK reported net liabilities of £36,328 as of 31 December 2024, with unrestricted reserves of £19,467. The trustees consider that current account deposits equating to approximately three months of unrestricted charitable expenditure provide sufficient funds on hand, and the auditor confirmed no material uncertainties regarding the going concern basis. Its FY2024 accounts were audited by Sayer Vincent LLP.