Charity Accounts Intelreading the accounts so you don’t have to

THE ROYAL ARTILLERY GENERAL CHARITABLE TRUST

Registered charity 275558 · accounts filings on the Charity Commission register

Latest income
£686k
Latest spending
£686k
Registered
1978
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved its objectives by making financial grants to other regimental charities, with total income and expenditure both increasing to £686,094. Per the trustees' report, the charity distributes all incoming resources annually and holds no reserves as it employs no staff and has no liabilities or creditors. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The Trust distributes all its incoming resources, which comes from donations, on an annual basis. It has no need of reserves as it does not employ staff and has neither liabilities nor creditors.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Maj Gen Cullen received a consultancy fee of £32,500. He is Chairman of the RAI and RACF boards of Trustees, which are related parties receiving grants from RAGCT.
“Maj Gen Cullen who is paid a consultancy fee by RAGCT in his capacity as Controller Royal Artillery, is Chairman of the RAI and RACF boards of Trustees.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£686k
Total spending
£686k
Reserves (reported)
£200
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£686k£686k
31/12/2023£679k£679k
31/12/2022£674k£674k
31/12/2021£688k£688k
31/12/2020£669k£669k

Common questions

Is THE ROYAL ARTILLERY GENERAL CHARITABLE TRUST financially healthy?

The accounts state that the charity achieved its objectives by making financial grants to other regimental charities, with total income and expenditure both increasing to £686,094. Per the trustees' report, the charity distributes all incoming resources annually and holds no reserves as it employs no staff and has no liabilities or creditors. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Saffery LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE SUNRISE (SIDMOUTH) CHARITABLE TRUST1£4k
THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST1£500

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ROYAL ARTILLERY CHARITABLE FUND.