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

SCHASS FOUNDATION

Registered charity 280513 · accounts filings on the Charity Commission register

The charity makes grants to various organisations involved in education, relief of poverty and religious activities.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Get email alerts

Latest income
£85k
Latest spending
£62k
Registered
1980
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net income of £23,391 for the year, driven by £84,567 in investment income and £500 in donations. Free reserves decreased from £20,811 to £7,970, with the trustees considering this level acceptable given the charity's limited financial obligations. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (99% of income)
“The charity received £500 (2024: nil) in donation income and £84,567 (2024: £84,567) in investment income.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: a minimum reserve practical for donations which are seasonal (held: £8k)
“In considering the limited financial obligations of the charity, the trustees have resolved to maintain a minimum reserve practical for donations which are seasonal.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Lancashire · Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£85k£62k
31/03/2024£52k£60k
31/03/2023£102k£73k
31/03/2022£85k£57k
31/03/2021£59k£50k

Common questions

Is SCHASS FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a net income of £23,391 for the year, driven by £84,567 in investment income and £500 in donations. Free reserves decreased from £20,811 to £7,970, with the trustees considering this level acceptable given the charity's limited financial obligations. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.