THE COSTA FAMILY CHARITABLE TRUST
Latest income
£103k
Latest spending
£149k
Registered
1964
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds are negative at £-2,872, resulting from charitable expenditure exceeding income. However, the trustees confirm there are no material uncertainties regarding going concern, citing a commitment from Mr K Costa to provide future funding and donations received post-year-end.
What the accounts disclose
Reserves policy: sufficient level to enable it to continue to provide such funding in future years (held: £-3k)
“it is the Trustees’ policy to maintain the charity’s reserves at sufficient level to enable it to continue to provide such funding in future years. This is monitored on a regular basis by the Trustees, who review the level of reserves in the light of future funding requirements and this is considered adequate to meet their needs.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- ANN FIONA COSTA
- KENNETH COSTA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £103k | £149k |
| 05/04/2024 | £156k | £232k |
| 05/04/2023 | £213k | £285k |
| 05/04/2022 | £313k | £171k |
| 05/04/2021 | £80k | £91k |
Common questions
Is THE COSTA FAMILY CHARITABLE TRUST financially healthy?
The accounts state that unrestricted funds are negative at £-2,872, resulting from charitable expenditure exceeding income. However, the trustees confirm there are no material uncertainties regarding going concern, citing a commitment from Mr K Costa to provide future funding and donations received post-year-end. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | 1 | £300k |
| THE GENERATIONS FOUNDATION | 1 | £168k |