KENT RELIANCE COMMUNITY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported total income of £7,559,837 and unrestricted reserves of £6,247,702 as of 31 December 2024. Per the trustees' report, the charity held £519,663 in cash, which exceeds its stated reserve policy target of £350,000. The trustees confirmed that the company is a going concern with adequate resources to continue operational existence for at least 12 months.
What the accounts disclose
“The Board has determined that the Company will retain at least £350,000 in a cash deposit account as reserves to cover the anticipated costs of the Company and grants it is planning to make in the next 12 months.” — page 6
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Aaron Brann
- Andrew Brooman
- Heather Patricia Sim
- JOHN HUGH PADDICK
- Jonathan Edward Hall
- Lyndsey Styles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £7.6m | £15k |
Common questions
Is KENT RELIANCE COMMUNITY FOUNDATION financially healthy?
The accounts state that the charity reported total income of £7,559,837 and unrestricted reserves of £6,247,702 as of 31 December 2024. Per the trustees' report, the charity held £519,663 in cash, which exceeds its stated reserve policy target of £350,000. The trustees confirmed that the company is a going concern with adequate resources to continue operational existence for at least 12 months. Its FY2024 accounts were audited by Burgess Hodgson LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LAWSON TRUST CIO | 1 | £1.0m |
| ASHKELON FOUNDATION | 1 | £438k |
| THE BROOK TRUST | 1 | £242k |
| FRANK BRAKE CHARITABLE TRUST | 1 | £120k |
| THE FIDELITY UK FOUNDATION | 1 | £75k |
| THE SUSSEX COMMUNITY FOUNDATION | 1 | £55k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £45k |
| THE PARGITER TRUST | 1 | £40k |