THE CLASSICAL ASSOCIATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £82,946 for the year, resulting in total net assets of £2,372,984. The trustees confirm that the charity has sufficient resources to meet its liabilities as they fall due and prepared the accounts on a going concern basis. Unrestricted reserves stood at £2,369,737, with free reserves of £2,294,711, which the trustees consider adequate to maintain activities and support future projects.
What the accounts disclose
“In 2022 it was further decided that up to £100,000 per annum could be taken from the reserves for grant expenditure for the next 10 years”
“One Trustee received an honorarium of £1,000 for services other than as trustee.”
“In 2023 a grant of £2,000 was made to The Association for Latin Teaching, of which Dr A. Henshaw is a Trustee. Dr Henshaw was a Trustee of the Classical Association until April 2023 and was not part of the decision making process for the award of the grant.” — page 27
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Charlotte Louise Parkyn
- Dr Ian Keng Liang Goh
- Dr John Russell Holton
- Henry Benjamin Cullen
- Kim Michael Taylor
- PHILIP HOOKER
- Prof. Judith Margaret Mossman
- Professor Sharon Margaret Marshall
- Sana Tanvir Van Dal
- Sarah Jane Bell
- Sebastian Kokelaar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £533k | £676k |
| 31/12/2023 | £491k | £542k |
| 31/12/2022 | £466k | £516k |
| 31/12/2021 | £464k | £488k |
| 31/12/2020 | £496k | £341k |
Common questions
Is THE CLASSICAL ASSOCIATION financially healthy?
The accounts state that the charity reported a net expenditure of £82,946 for the year, resulting in total net assets of £2,372,984. The trustees confirm that the charity has sufficient resources to meet its liabilities as they fall due and prepared the accounts on a going concern basis. Unrestricted reserves stood at £2,369,737, with free reserves of £2,294,711, which the trustees consider adequate to maintain activities and support future projects. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE NATIONAL MANUSCRIPTS CONSERVATION TRUST | 1 | £18k |
| THE POLONSKY FOUNDATION | 1 | £16k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £9k |
| CECIL PILKINGTON CHARITABLE TRUST | 1 | £6k |
| THE ROSE FOUNDATION | 1 | £5k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £5k |