THE J REGINALD CORAH FOUNDATION FUND
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit in funds of £17,649 for the year ended 31 March 2025, following a surplus in the previous year. The trustees confirm that unrestricted reserves of £126,893 remain within the stated policy parameters of 50% to 150% of annual income, and the going concern basis is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees’ policy is that a reserve fund should be retained to cover fluctuations in the Charity's income and grant applications. This reserve should be no less than 50% of the Gharity's annual income and no more than 150%.” — page 5
“During the year the Charity paid professional fees of £9,000 as follows: £9,000 — Corah and Corah Ltd, which is a limited company in which during the year to 31 March 2025, Peter Corah (D P Corah — trustee) is a Director.” — page 18
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £158k | £205k |
| 31/03/2024 | £175k | £188k |
| 31/03/2023 | £102k | £175k |
| 31/03/2022 | £111k | £107k |
| 31/03/2021 | £94k | £104k |
Common questions
Is THE J REGINALD CORAH FOUNDATION FUND financially healthy?
The accounts state that the charity reported a net deficit in funds of £17,649 for the year ended 31 March 2025, following a surplus in the previous year. The trustees confirm that unrestricted reserves of £126,893 remain within the stated policy parameters of 50% to 150% of annual income, and the going concern basis is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by The Rowleys Partnership Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| REIFER MEMORIAL LIMITED | 1 | £55k |