THE OTAGO UNIVERSITY TRUST
Fundraising from UK Alumni and Supporters.
Financial health, per its FY2024 accounts
The accounts state that total net assets decreased from £4,312 in 2023 to £3,196 in 2024, reflecting a net movement in funds of a loss of £1,116. The charity holds no investments and maintains unrestricted reserves of £2,792, which the trustees consider sufficient for the running of the charity. The independent examiner confirmed that accounting records were kept and accounts accorded with those records.
What the accounts disclose
“The policy of the trustees is to distribute income arising and maintain no more reserves than are required for the running of the charity.” — page 4
Structured financials (annual return, FY ending 31/12/2021)
Trustees
- KIRSTY JANE FIDDES BDSchair
- ALISTAIR WISHART
- Elizabeth Gordon
- Kyla Margaret Chapman
- SIR PAUL BERESFORD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £32k | £33k |
| 31/12/2023 | £8k | £7k |
| 31/12/2022 | £5k | £3k |
| 31/12/2021 | £1.6m | £1.6m |
| 31/12/2020 | £2k | £30k |
Common questions
Is THE OTAGO UNIVERSITY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total net assets decreased from £4,312 in 2023 to £3,196 in 2024, reflecting a net movement in funds of a loss of £1,116. The charity holds no investments and maintains unrestricted reserves of £2,792, which the trustees consider sufficient for the running of the charity. The independent examiner confirmed that accounting records were kept and accounts accorded with those records. Its FY2024 accounts were independently examined.