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

JONATHAN CONVILLE MEMORIAL TRUST

Registered charity 293720 · accounts filings on the Charity Commission register

We offer young people subsidised alpine and scottish winter mountaineering courses & mountain skills courses so they can pursue their love of the outdoors safely.

Causes: Education/training · website · Get email alerts

Latest income
£54k
Latest spending
£61k
Registered
1986
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £7,350 for the year, resulting in a decrease in total funds from £376,013 to £358,635. The trustees maintain a reserves policy to hold at least one year's expenditure, with unrestricted general funds standing at £14,592, which is below the implied target of covering annual costs. The charity holds significant fixed asset investments valued at £343,639, which are designated to generate income for day-to-day activities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £15k; policy: at least one years expenditure in general funds)
“General funds of £14,592 are unencumbered and freely available for use by the charity.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Trustee S. Louise was paid £650 for bookkeeping services. Other trustees had expenses reimbursed.
“During the year a trustee, S. Louise, was paid £650 (2023: £600) for bookkeeping services to the charity in her capacity as a professional bookkeeper.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Conwy · France · Scotland

Income and spending

Financial year endIncomeSpending
31/12/2024£54k£61k
31/12/2023£51k£64k
31/12/2022£29k£39k
31/12/2021£17k£3k
31/12/2020£20k£13k

Common questions

Is JONATHAN CONVILLE MEMORIAL TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £7,350 for the year, resulting in a decrease in total funds from £376,013 to £358,635. The trustees maintain a reserves policy to hold at least one year's expenditure, with unrestricted general funds standing at £14,592, which is below the implied target of covering annual costs. The charity holds significant fixed asset investments valued at £343,639, which are designated to generate income for day-to-day activities. Its FY2024 accounts were independently examined.