CALISEN IMPACT CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £40,472 at the end of the period, with total assets of £79,652 offset by liabilities of £39,180. The trustees report that the charity has adequate resources to continue in operational existence for at least twelve months, adopting the going concern basis. The primary funding source is donations from the Calisen Group, with no minimum reserves policy required as the charity does not commit to grants in excess of received funding.
What the accounts disclose
“There is no minimum amount of reserves required given that the primary activity of the Charity is to award grants and does not commit to give any such grants in excess of the funding it has received.”
“During the period, the Charity received donations of £200,000 from Calisen Group Holdings Ltd, a company registered in England & Wales, registration number 12383518. Calisen Group Holdings Ltd is the parent of the trading group of companies which employs the individuals who serve as Trustees of the Charity. The group also supports the Charity through the provision of trustees' time, IT support services, and other back-office support. The value of this support cannot be reliably estimated and therefore no amount has been recognised in the financial statements.” — page 18
Trustees
- Ben Mathew Etherington
- Clement Lapeyre
- David James Forshaw
- Elizabeth Claire Smallman
- Sarah Blackburn
- Sarah Lucy Lord
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £202k | £161k |
Common questions
Is CALISEN IMPACT CHARITABLE TRUST financially healthy?
The accounts state that the charity held unrestricted reserves of £40,472 at the end of the period, with total assets of £79,652 offset by liabilities of £39,180. The trustees report that the charity has adequate resources to continue in operational existence for at least twelve months, adopting the going concern basis. The primary funding source is donations from the Calisen Group, with no minimum reserves policy required as the charity does not commit to grants in excess of received funding. Its FY2024 accounts were independently examined.