EXCEL FUND
Provision of grants to individuals and organisations
Financial health, per its FY2026 accounts
The accounts state that unrestricted reserves stood at £1,490,114, an increase from the prior year's £1,318,709. The trustees note that the key risk is a continuing fall in income but maintain that sufficient unrestricted funds exist to control expenditure. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustees do not undertake any fundraising activities. All funds are generated through investments.” — page 3
Trustees
- CHARLES JOSEPH
- LUCINDA HOFTON
- POLLY JOSEPH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2026 | £33k | £44k |
| 05/04/2025 | £38k | £46k |
| 05/04/2024 | £37k | £44k |
| 05/04/2023 | £30k | £42k |
| 05/04/2022 | £39k | £52k |
Common questions
Is EXCEL FUND financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted reserves stood at £1,490,114, an increase from the prior year's £1,318,709. The trustees note that the key risk is a continuing fall in income but maintain that sufficient unrestricted funds exist to control expenditure. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2026 accounts were independently examined.