SEVENTH-DAY ADVENTIST ASSOCIATION LIMITED
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Financial health, per its FY2024 accounts
The accounts state that the charity incurred an in-year operating deficit of £8,845, which was covered by in-year appropriations received from its parent company. The charity holds unrestricted reserves of £5,399, which the directors consider sufficient for continuing operations. The trustees and auditors have confirmed that the charity has adequate resources to continue in operational existence for at least 12 months.
What the accounts disclose
“The Directors have considered the level of reserves necessary for continuing operations and consider that the minimal amount of reserves in hand is sufficient for that purpose.” — page 5
Property (HM Land Registry)
Trustees
- Adam Keough
- Augustus Lawrence
- ELISABETH Sanguesa
- Eglan Brooks
- Jacques Venter
- Kirk Thomas
- Nerine Barrett
- Steve Palmer
- Wederly Aguiar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £27k | £27k |
| 31/12/2023 | £27k | £27k |
| 31/12/2022 | £0 | £173 |
| 31/12/2021 | £40k | £31k |
| 31/12/2020 | £142k | £161k |
Common questions
Is SEVENTH-DAY ADVENTIST ASSOCIATION LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred an in-year operating deficit of £8,845, which was covered by in-year appropriations received from its parent company. The charity holds unrestricted reserves of £5,399, which the directors consider sufficient for continuing operations. The trustees and auditors have confirmed that the charity has adequate resources to continue in operational existence for at least 12 months. Its FY2024 accounts were audited by Moore Kingston Smith LLP.