DIOCESE OF IRAN TRUST FUND

Registered charity 299104 · accounts filings on the Charity Commission register

Latest income
£101k
Latest spending
£40k
Registered
1988
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net decrease in total funds of £30,127 for the year ended 31 March 2023, driven by investment losses of £87,156 which outweighed income of £88,810. The trustees confirm the charity has adequate resources to continue activities for the foreseeable future, with unrestricted reserves of £2,623,609 and restricted reserves of £424,275.

What the accounts disclose

Reserves policy: sufficient funds to meet foreseeable requests from the Diocese for its work and ministry (held: £3.0m)
The Trustees' reserves policy is to ensure that they hold sufficient funds to meet foreseeable requests from the Diocese for its work and ministry. — page 3
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The document states 'There were no other related party transactions during the year that require disclosure' and 'None of the Trustees were paid any remuneration'. The administration charge to Church Mission Society is a service fee, not explicitly disclosed as a related party transaction in the specific note 8 which lists 'Amount due from Church Mission Society' as a debtor, but note 5 lists 'charge payable to Church Mission Society' under Support and Governance. However, Note 8 explicitly lists 'Amount due from Church Mission Society' as a debtor. Note 5 lists 'charge payable to Church Mission Society' as an expense. The prompt asks for 'disclosed related-party transactions'. Note 8 says 'None of the Trustees were paid... There were no other related party transactions...'. This implies the CMS relationship might not be flagged as a 'related party transaction' in the specific note 8 context, or is considered arm's length/admin. Given the strict rule 'NEVER guess', and Note 8 explicitly says 'no other related party transactions', I will list none to be safe, or check if CMS is a related party. CMS is the administrator. Usually, if not disclosed in Note 8, it's not a 'related party transaction' for the purpose of that specific disclosure note. I will set to empty array.
There were no other related party transactions during the year that require disclosure.
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Cyprus · Iran

Income and spending

Financial year endIncomeSpending
31/03/2025£101k£40k
31/03/2024£96k£32k
31/03/2023£89k£32k
31/03/2022£69k£38k
31/03/2021£109k£28k

Common questions

Is DIOCESE OF IRAN TRUST FUND financially healthy?

The accounts state that the charity reported a net decrease in total funds of £30,127 for the year ended 31 March 2023, driven by investment losses of £87,156 which outweighed income of £88,810. The trustees confirm the charity has adequate resources to continue activities for the foreseeable future, with unrestricted reserves of £2,623,609 and restricted reserves of £424,275. Its FY2023 accounts were independently examined.

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