Trócaire (Northern Ireland)
Latest income
£8.2m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £6.2m, with free reserves of £5.1m, which is in excess of the Board's approved policy target of 5-7 months of operating expenses. The charity reports a net expenditure for the year of £510,223, resulting in a decrease in total funds, but maintains that it has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Highest-paid employee band: £60,001 - £70,000
“There were 4 (4 in 2023/24) employees contracted in Northern Ireland whose total employee benefits (excluding employer pension costs) were greater than £60,000 and less than £70,000 in the current financial year.” — page 89
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 4
“There were 4 (4 in 2023/24) employees contracted in Northern Ireland whose total employee benefits (excluding employer pension costs) were greater than £60,000 and less than £70,000 in the current financial year.” — page 89
Per FY2025 accounts as filed with CCNI.
Reserves policy: 5-7 months of operating expenses (held: £5.1m)
“Trócaire (Northern Ireland) have a Board approved reserves policy of holding free reserves of an amount equivalent to 5-7 months of operating expenses of the company.”
Per FY2025 accounts as filed with CCNI.
Fundraising cost ratio: 17.0% of fundraised income
“Expenditure on raising funds was at £1.5m. While this reflects only a marginal (3%) increase on the prior year. the percentage of total expenditure on raising funds has increased to 17% from 15% in 2023/24.”
Per FY2025 accounts as filed with CCNI.
Independent examiner: Crowe Ireland
Per FY2025 accounts as filed with CCNI.