CT4N CHARITABLE TRUST
Provision of localised accessible transport services to local residents and groups who have a specific mobility need not covered by normal public transport.
Financial health, per its FY2023 accounts
The accounts state that the charity made a surplus of £109,450 for the year ended 31 March 2023, with unrestricted reserves totaling £1,013,256. The trustees report that reserves are held to assist with vehicle repairs and unforeseen costs, noting that the target level of reserve would equate to approximately £477,520. The auditors issued a qualified opinion due to limited audit evidence regarding certain income streams and creditor balances totaling £268,933.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Andrew Duncan Graham Grievechair
- Everton Lewis-Gordon
- Pam Jarvis
- Phillippa Spencer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | — | — |
| 31/03/2024 | — | — |
| 31/03/2023 | £5.6m | £5.7m |
| 31/03/2022 | £5.9m | £5.7m |
| 31/03/2021 | £5.8m | £6.0m |
Common questions
Is CT4N CHARITABLE TRUST financially healthy?
Per its FY2023 accounts: The accounts state that the charity made a surplus of £109,450 for the year ended 31 March 2023, with unrestricted reserves totaling £1,013,256. The trustees report that reserves are held to assist with vehicle repairs and unforeseen costs, noting that the target level of reserve would equate to approximately £477,520. The auditors issued a qualified opinion due to limited audit evidence regarding certain income streams and creditor balances totaling £268,933. Its FY2023 accounts were audited by Dains Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE J A R CHARITABLE TRUST | 1 | £2k |
Charities like this
- ACCESSIBLE CARING TRANSPORT
- LIVERPOOL COMMUNITY TRANSPORT LIMITED
- COMMUNITY TRANSPORT
- WEST ITCHEN COMMUNITY TRUST LIMITED
- TAFF BARGOED DEVELOPMENT TRUST LIMITED
- EREWASH COMMUNITY TRANSPORT LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CT4N CHARITABLE TRUST | £5.6m | — | 0 | unclear | — | no doubt |
| ACCESSIBLE CARING TRANSPORT | £371k | — | 0 | above | — | no doubt |
| LIVERPOOL COMMUNITY TRANSPORT LIMITED | £993k | — | 0 | unclear | — | no doubt |
| COMMUNITY TRANSPORT | £2.0m | — | — | below | — | noted |
| WEST ITCHEN COMMUNITY TRUST LIMITED | £396k | — | 0 | unclear | — | no doubt |
| TAFF BARGOED DEVELOPMENT TRUST LIMITED | £152k | — | 0 | unclear | — | no doubt |