CHARTERED ACCOUNTANTS' LIVERY CHARITY
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves were £120,237, which the Trustees consider adequate. The charity relies heavily on donations from The Chartered Accountants' Company members and investment income, with total income of £221,102 and grants awarded of £170,542. The filing notes that the ability to maintain grant levels is dependent on continued member giving and investment stability.
What the accounts disclose
“It is the Trustees’ policy that, taking one year with another, over a period of time approximately 90% of the Charity’s donation, investment and other income less expenses should be distributed as grants, any unexpended balance being held as Unrestricted income funds.” — page 8
“There was no movement on the £70,000 interest free loan from the Chartered Accountants Company in 2023 or 2022. Subsequent to the year the Chartered Accountants Company requested full repayment of the loan. It is anticipated that full repayment will be made during the current year ending 30 September 2024” — page 27
“The Charity received a donation of £631 from the Chartered Accountants Company (2022 - £2,500).” — page 27
“There was no movement on the £70,000 interest free loan from the Chartered Accountants Company in 2023 or 2022. Subsequent to the year the Chartered Accountants Company requested full repayment of the loan. It is anticipated that full repayment will be made during the current year ending 30 September 2024” — page 27
“The Charity received a donation of £631 from the Chartered Accountants Company (2022 - £2,500).” — page 27
“There was no movement on the £70,000 interest free loan from the Chartered Accountants Company in 2023 or 2022. Subsequent to the year the Chartered Accountants Company requested full repayment of the loan. It is anticipated that full repayment will be made during the current year ending 30 September 2024” — page 27
“The Charity received a donation of £631 from the Chartered Accountants Company (2022 - £2,500).” — page 27
Trustees
- BEVERLEY TURNERchair
- DAVID CHARLES WATSON
- DAVID VICTOR MATTHEWS
- Olivia Carling
- Peter Lewis Jenkins
- Sally Ann O'Neill
- Timothy Roberts
- Vince O'Brien
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £318k | £241k |
| 30/09/2024 | £237k | £218k |
| 30/09/2023 | £221k | £200k |
| 30/09/2022 | £236k | £214k |
| 30/09/2021 | £220k | £282k |
Common questions
Is CHARTERED ACCOUNTANTS' LIVERY CHARITY financially healthy?
The accounts state that unrestricted reserves were £120,237, which the Trustees consider adequate. The charity relies heavily on donations from The Chartered Accountants' Company members and investment income, with total income of £221,102 and grants awarded of £170,542. The filing notes that the ability to maintain grant levels is dependent on continued member giving and investment stability. Its FY2023 accounts were independently examined.