CORDWAINERS CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a positive year with net income of £40,022 before investment gains of £349,619, resulting in total funds carried forward of £5,372,471. The trustees consider the balance in income funds adequate to meet their reserves policy, which targets holding free reserves equating to 12-24 months of operational expenditure. The charity maintains a risk register and reviews budgets and cash flow forecasts regularly to mitigate exposure to major risks.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £193k | £163k |
| 31/07/2024 | £209k | £173k |
| 31/07/2023 | £183k | £288k |
| 31/07/2022 | £212k | £123k |
| 31/07/2021 | £281k | £235k |
Common questions
Is CORDWAINERS CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a positive year with net income of £40,022 before investment gains of £349,619, resulting in total funds carried forward of £5,372,471. The trustees consider the balance in income funds adequate to meet their reserves policy, which targets holding free reserves equating to 12-24 months of operational expenditure. The charity maintains a risk register and reviews budgets and cash flow forecasts regularly to mitigate exposure to major risks. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |