THE CHRISTABELLA CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity held free reserves of £717,371, which the trustees consider sufficient to maintain current expenditure levels and generate necessary income. The charity reported a net income of £139,795 for the year, driven by significant unrealised gains on investment property and listed shares, despite rising operating costs. The trustees are planning to migrate operations into an incorporated entity by the end of 2025 to better manage future growth and risks.
What the accounts disclose
“Aggregate donations totalling £104,284 (2023: £29,042) were received during the year from trustees and related parties.” — page 26
“BCNR Holmes reimbursed the charity £32,940 during the year relating to costs incurred jointly.” — page 26
“Aggregate donations totalling £104,284 (2023: £29,042) were received during the year from trustees and related parties.” — page 26
“BCNR Holmes reimbursed the charity £32,940 during the year relating to costs incurred jointly.” — page 26
“Aggregate donations totalling £104,284 (2023: £29,042) were received during the year from trustees and related parties.” — page 26
“BCNR Holmes reimbursed the charity £32,940 during the year relating to costs incurred jointly.” — page 26
“Its subsidiary, Acer Regional Properties, is a trading subsidiary and is therefore liable to tax under Corporation tax.”
Corporate structure
- Trading subsidiary: ACER REGIONAL PROPERTIES LIMITED Companies House 06269395
Funders the charity credits
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £424k | £560k |
| 31/12/2023 | £367k | £489k |
| 31/12/2022 | £342k | £456k |
| 31/12/2021 | £244k | £385k |
| 31/12/2020 | £131k | £296k |
Common questions
Is THE CHRISTABELLA CHARITABLE TRUST financially healthy?
The accounts state that the charity held free reserves of £717,371, which the trustees consider sufficient to maintain current expenditure levels and generate necessary income. The charity reported a net income of £139,795 for the year, driven by significant unrealised gains on investment property and listed shares, despite rising operating costs. The trustees are planning to migrate operations into an incorporated entity by the end of 2025 to better manage future growth and risks. Its FY2024 accounts were audited by Haffner Hoff Auditors Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £5k |