Charity Accounts Intelreading the accounts so you don’t have to

ROYAL ARTILLERY CHARITABLE FUND

Registered charity 210202 · accounts filings on the Charity Commission register

Latest income
£2.4m
Latest spending
£1.6m
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds increased to £43,113,047, with unrestricted reserves standing at £27,745,582. The charity reports a net increase in funds of £3,457,172 for the year, driven by investment gains and increased legacy income. The trustees confirm that free reserves exceed the stated minimum policy target of £23,000,000.

What the accounts disclose

Reserves policy: minimum of £23,000,000 in free reserves (held: £27.7m)
“Following that review, we determined that we should hold a minimum of £23,000,000 (£22,000,000 RACF and £1,000,000 RAA) in free reserves to be assured that we are able to sustain the support we provide to the regimental family in the long term as well as meet other obligations, irrespective of fluctuations in income and without creating the need to actively fundraise.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income received from Royal Artillery General Charitable Trust (RAGCT) which shares trustees.
“Income of £268,419 (2023: £261,641) was received from the Royal Artillery General Charitable Trust (RAGCT). Both Charities a have a number of trustees in common. This Income relates to accrued Income from the Service Giving Scheme, which were voluntary contributions from service personnel.” — page 40
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP.

Public fundraising profile: JustGiving — Royal Artillery Charitable Fund (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.4m
Total spending
£1.6m
Cost of raising funds
£9k
Reserves (reported)
£27.7m
Employees
4

Reported reserves equal ~205.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Germany · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£2.4m£1.6m
31/12/2023£1.6m£1.6m
31/12/2022£1.8m£1.4m
31/12/2021£1.3m£1.1m
31/12/2020£1.5m£992k

Common questions

Is ROYAL ARTILLERY CHARITABLE FUND financially healthy?

The accounts state that total funds increased to £43,113,047, with unrestricted reserves standing at £27,745,582. The charity reports a net increase in funds of £3,457,172 for the year, driven by investment gains and increased legacy income. The trustees confirm that free reserves exceed the stated minimum policy target of £23,000,000. Its FY2024 accounts were audited by Saffery LLP.

Who funds ROYAL ARTILLERY CHARITABLE FUND?

Funders whose own accounts filings name ROYAL ARTILLERY CHARITABLE FUND as a grant recipient include THE SUNRISE (SIDMOUTH) CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE SUNRISE (SIDMOUTH) CHARITABLE TRUSTFY2024£2k
THE SUNRISE (SIDMOUTH) CHARITABLE TRUSTFY2023£2k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ROYAL ENGINEERS CENTRAL CHARITABLE TRUST1£860k
THE JORON CHARITABLE TRUST1£5k
THE HELEN JEAN COPE CHARITY1£4k
THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST1£500

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ROYAL ARTILLERY INSTITUTION LIMITED.