THE AUTHORS' CONTINGENCY FUND
Provides emergency financial help to authors
Latest income
£49k
Latest spending
£105k
Registered
1963
Accounts read
FY2024
Financial health, per its FY2024 accounts
The charity reported unrestricted reserves of £521,466, an increase from the previous year's £508,553. The trustees consider the charity to have sufficient income and capital to meet its obligations in the foreseeable future, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
Reserves policy: sufficient but not excessive funds to service its objective of making future charitable distributions (held: £521k)
“The Trustees policy is to operate on the basis of being able to continue to generate sufficient incoming resources to use toward meeting their charitable objectives and to accord with their principal terms. The Trustees are of the opinion that the funds remain sufficient to enable them to continue this ongoing objective. The charity has sufficient but not excessive funds to service its objective of making future charitable distributions.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Regrant from Hawthornden Foundation
“Hawthornden Foundation regranted £34,000 in the year from unused funds held by Authors Awards’ and Advancement to The Authors’ Contingency Fund.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2022)
Total income
£507k
Total spending
£302k
Cost of raising funds
£3k
Reserves (reported)
£516k
Employees
0
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £49k | £105k |
| 31/12/2024 | £118k | £119k |
| 31/12/2023 | £94k | £424k |
| 31/12/2022 | £507k | £302k |
| 31/12/2021 | £325k | £381k |
Common questions
Is THE AUTHORS' CONTINGENCY FUND financially healthy?
Per its FY2024 accounts: The charity reported unrestricted reserves of £521,466, an increase from the previous year's £508,553. The trustees consider the charity to have sufficient income and capital to meet its obligations in the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TANAGRA FOUNDATION | 1 | £33k |
| THE D G CHARITABLE TRUST | 1 | £25k |
| JUSTICE FOR JOURNALISTS FOUNDATION | 1 | £19k |
| BOOKER PRIZE FOUNDATION | 1 | £13k |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | 1 | £8k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
Charities like this
- THE ROYAL LITERARY FUND
- ENGLISH PEN
- THE AUTHOR'S FOUNDATION
- THE HELPING FOUNDATION
- The Framlingham Foundation Trust T/A The Ed Sheeran Suffolk Music Foundation
- THE PURI FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE AUTHORS' CONTINGENCY FUND | £49k | — | 0 | within | — | no doubt |
| THE ROYAL LITERARY FUND | £4.3m | — | — | unclear | — | no doubt |
| ENGLISH PEN | £663k | — | 0 | unclear | — | no doubt |
| THE AUTHOR'S FOUNDATION | £195k | — | 0 | above | — | no doubt |
| THE HELPING FOUNDATION | £34.8m | — | 0 | above | — | no doubt |
| The Framlingham Foundation Trust T/A The Ed Sheeran Suffolk Music Foundation | £895k | — | 0 | unclear | — | no doubt |