FIRM FOUNDATION TRUST
The advancement of the Christian faith throughout the world by the instruction and edification of Christians, the care and Christian instruction of young people and children and the evangelism of non-Christians.
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £75,853, with unrestricted reserves reaching £52,126. This level of unrestricted reserves exceeds the trustees' stated policy target of holding three months' expenditure. The trustees confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“The Trustees consider it desirable to hold the equivalent of three months' expenditure in General Reserves” — page 6
“An amount of £3,148 (2023 - £2,938) has been paid to a Trustee as part of “Office Costs” to cover the expenses of an office used by the Trust exclusively and on commercial terms, the Trustee receives no benefit from this and was not involved in the decision to cover this cost.” — page 18
Trustees
- Andrew Bull
- DAVID GREENSLADE
- DEREK MALCOLM
- John Douglas Jarvie
- SIMON GARDINER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £75k | £69k |
| 31/12/2023 | £26k | £60k |
| 31/12/2022 | £25k | £57k |
| 31/12/2021 | £33k | £47k |
| 31/12/2020 | £65k | £36k |
Common questions
Is FIRM FOUNDATION TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased to £75,853, with unrestricted reserves reaching £52,126. This level of unrestricted reserves exceeds the trustees' stated policy target of holding three months' expenditure. The trustees confirm the charity has adequate resources to continue as a going concern. Its FY2024 accounts were independently examined.
Who funds FIRM FOUNDATION TRUST?
Funders whose own accounts filings name FIRM FOUNDATION TRUST as a grant recipient include RADSTOCK TRUST CIO, THE DEO GLORIA TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| RADSTOCK TRUST CIO | FY2025 | £45k | |
| RADSTOCK TRUST CIO | FY2024 | £10k | |
| THE DEO GLORIA TRUST | FY2025 | £5k |