ABRAHAM ORMEROD
SUPPORT FOR THE NEEDY PEOPLE OF TODMORDEN
Financial health, per its FY2024 accounts
The accounts state that the charity helped 402 cases in 2024, with total income of £67,898.35 and total expenditure of £60,838.18, resulting in a closing bank balance of £20,114.00. The trustees report that the charity's ability to continue is reliant on interest from capital investments and further grants, noting a reduction in capital reserves of £42,944 during the year to meet demand.
What the accounts disclose
“Our ability to continue is reliant on our interest from the capital investments and further grants.” — page 7
“Policies recommended by the Charities Commission, that have not yet been considered for implementation are as follows: a. internal charity financial controls policy and procedures b. financial reserves policy and procedures c. serious incident reporting policy and procedures d. internal risk management policy and procedures e. trustee conflicts of interest policy and procedures f. investing charity funds policy and procedures g. campaigns and political activity policy and procedures h. bullying and harassment policy and procedures i. social media policy and procedures” — page 40
Trustees
- Qayum Abdulchair
- Catherine Shelley Rev
- Gina Diane Choy
- Jane Williams cllr
- Jill Bartram
- Kenneth White Cllr
- Margareta Holmstedt
- Mary Carrigan Cllr
- Patricia Anne Taylor Cllr
- STUART JENKINS
- Simone Abdul
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £59k | £51k |
| 31/12/2023 | £31k | £34k |
| 31/12/2022 | £0 | £8k |
| 31/12/2021 | £6k | £481 |
| 31/12/2020 | £6k | £565 |
Common questions
Is ABRAHAM ORMEROD financially healthy?
Per its FY2024 accounts: The accounts state that the charity helped 402 cases in 2024, with total income of £67,898.35 and total expenditure of £60,838.18, resulting in a closing bank balance of £20,114.00. The trustees report that the charity's ability to continue is reliant on interest from capital investments and further grants, noting a reduction in capital reserves of £42,944 during the year to meet demand. Its FY2024 accounts were independently examined.