CORAL
Financial health, per its FY2025 accounts
The accounts state that the charity ended the period with net liabilities of £163,658, resulting from a timing difference between accrued donation commitments and associated funding. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future, supported by ongoing funding arrangements. Per the independent examiner's report, the accounts give a true and fair view and comply with applicable regulations.
What the accounts disclose
“During the period, the charity accrued for certain donation commitments which resulted in a negative reserves position at the balance sheet date.”
“The trustees acknowledge this impact and remain confident in the charity’s ability to continue as a going concern, supported by ongoing funding arrangements and future income streams.”
Trustees
- BRIAN PETER GEORGE ENOchair
- Hannah Louise Eno
- JOANNE RENDLE
- JON JAMES ALEXANDER
- PAUL EVERETT STOLPER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £428k | £592k |
Common questions
Is CORAL financially healthy?
The accounts state that the charity ended the period with net liabilities of £163,658, resulting from a timing difference between accrued donation commitments and associated funding. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future, supported by ongoing funding arrangements. Per the independent examiner's report, the accounts give a true and fair view and comply with applicable regulations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M O CHARITABLE TRUST | 1 | £1.2m |
| THE JD FOUNDATION | 1 | £561k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £143k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| KEREN ASSOCIATION LIMITED | 1 | £94k |
| BELLJOE TZEDOKO LIMITED | 1 | £68k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £48k |
| LONIA LIMITED | 1 | £27k |