ASSOCIATION FOR INFORMATION TECHNOLOGY TRUST
Latest income
£283k
Latest spending
£283k
Registered
2024
Accounts read
FY2024
Financial health, per its FY2024 accounts
The charity reported unrestricted reserves of £640,461, which the trustees state do not require a specific reserves policy due to the ability to hold surplus income for future grants. The charity generated total income of £283,123 against total expenditure of £283,135, resulting in a negligible net decrease in funds for the year.
What the accounts disclose
Reserves policy: The Trustees have determined that the charity does not need to have a reserves policy because the Trust Deed empowers them to hold surplus publication rights income and advances for future publications for future grants and research awards. (held: £640k)
“The Trustees have determined that the charity does not need to have a reserves policy because the Trust Deed empowers them to hold surplus publication rights income and advances for future publications for future grants and research awards.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Catherine Griffiths received a stipend of £12,100 as working Senior Editor of JIT/JITTC.
“During the year, Catherine Griffiths, a trustee of Association for Information Technology Trust received an annual stipend of £12,100 (2023 - £nil) as working Senior Editor of JIT/JITTC.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (02/10/2024)
Trustees
- Professor Igor Aleksanderchair
- CATHERINE GRIFFITHS
- Dr Chris Sauer
- Dr William James Venters
- Professor Jeremy Valentine Pitt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £283k | £283k |
Common questions
Is ASSOCIATION FOR INFORMATION TECHNOLOGY TRUST financially healthy?
The charity reported unrestricted reserves of £640,461, which the trustees state do not require a specific reserves policy due to the ability to hold surplus income for future grants. The charity generated total income of £283,123 against total expenditure of £283,135, resulting in a negligible net decrease in funds for the year. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |