THE FIFTY FUND
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds increased to £8,768,458, supported by investment income of £255,283 and gains on revaluation of fixed assets. The trustees maintain a reserves policy aimed at maintaining and increasing the current value of reserves to ensure sufficient income for future grants. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustees have a policy for withdrawal of funds which aims to maintain and, where possible, increase the current value of reserves. The value of total reserves is also maintained to an adequate level in order to provide sufficient income to continue to issue grants within 10% of the level in the current year.” — page 5
Trustees
- Rev AMANDA CARTWRIGHTchair
- Dr David William Hannah
- Jane Patricia Imrie
- Mark Jenkinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £255k | £309k |
| 31/12/2023 | £270k | £298k |
| 31/12/2022 | £263k | £322k |
| 31/12/2021 | £262k | £316k |
| 31/12/2020 | £283k | £311k |
Common questions
Is THE FIFTY FUND financially healthy?
The accounts state that total unrestricted funds increased to £8,768,458, supported by investment income of £255,283 and gains on revaluation of fixed assets. The trustees maintain a reserves policy aimed at maintaining and increasing the current value of reserves to ensure sufficient income for future grants. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Wright Vigar Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROZAC CHARITABLE TRUST | 1 | £4k |