Concordia (UK)
Concordia is committed to national and international volunteering and work placements to promote intercultural understanding and peace. It believes that volunteering changes lives and nurtures world citizens who care about each other and the world. Since 1943 it has supported nearly three-quarters of a million people to undertake such exchanges.
Financial health, per its FY2024 accounts
The accounts state that Concordia reported a net surplus of £85,470 for the year ended 31 December 2024, with total incoming resources of £2,772,622. The charity holds unrestricted free reserves of £1,964,233, which exceeds its stated minimum reserves policy target of £1,250,000. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties identified.
What the accounts disclose
“The new policy is for £1,250,000 to be the minimum Reserves Policy, building on the base requirement to retain adequate funds to cover a 6-month orderly wind-down.”
“Stuart Piccaver is a director of J E Piccaver and Co. who were invoiced £63,989 (2023 — £59,739) during the year for the supply of Concordia seasonal workers.” — page 52
Leadership, per the charity’s website
- Jill Cochrane — Chief Executive Officer (Interim)
- Karen Goode — Operations Director
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Antonia Jane Bond
- DUNCAN ROSS JAMES
- Gary Thomas
- Martin Tudge
- Michael James Brand
- Mitchell Thompson
- Mustafa Saruhan Ozturk
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.8m | £2.7m |
| 31/12/2023 | £2.6m | £2.7m |
| 31/12/2022 | £2.8m | £2.7m |
| 31/12/2021 | £3.2m | £2.8m |
| 31/12/2020 | £2.1m | £2.0m |
Common questions
Is Concordia (UK) financially healthy?
Per its FY2024 accounts: The accounts state that Concordia reported a net surplus of £85,470 for the year ended 31 December 2024, with total incoming resources of £2,772,622. The charity holds unrestricted free reserves of £1,964,233, which exceeds its stated minimum reserves policy target of £1,250,000. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties identified. Its FY2024 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £39k |
| INTERNATIONAL SERVICE FELLOWSHIP TRUST | 1 | £22k |
| THE A S CHARITABLE TRUST | 1 | £13k |
| BRISTOL ECCLESIASTICAL CHARITY | 1 | £10k |
Charities like this
- CONCORDIS INTERNATIONAL TRUST
- INTER-CULTURAL YOUTH EXCHANGE (ICYE-UK) LTD
- CONCORD CHURCH
- PEACEFUL CHANGE INITIATIVE
- COMMUNITY FOR RECONCILIATION
- INTERSERVE INTERNATIONAL FELLOWSHIP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Concordia (UK) | £2.8m | — | — | unclear | — | no doubt |
| CONCORDIS INTERNATIONAL TRUST | £732k | — | — | unclear | — | no doubt |
| INTER-CULTURAL YOUTH EXCHANGE (ICYE-UK) LTD | £126k | — | 0 | above | — | no doubt |
| CONCORD CHURCH | £161k | — | 0 | unclear | — | no doubt |
| PEACEFUL CHANGE INITIATIVE | £3.0m | £100,001 - £110,000 | — | below | — | noted |
| COMMUNITY FOR RECONCILIATION | £162k | — | 0 | unclear | — | no doubt |