Feedback Trust
Latest income
£2.5m
Latest spending
£2.5m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity held unrestricted reserves of £240,147, which meets its stated policy target of maintaining minimum cash reserves of £180,000 to cover up to twelve months of running costs. The charity reported a net income of £7,885 for the year, with total income of £2,479,379 and total expenditure of £2,471,494. The auditor confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Related-party transaction: Director (close family member of two trustees) receives income, per diem, and has outstanding balances due from related parties of £5,193.
“The first is for the Director (a close family member of two trustees who both resigned in May25) who receives an income from the Trust and has incurred costs to visit Madagascar and purchase items to sell in the UK. He also receives a per diem rate when in Madagascar or visiting other countries on charity work. The outstanding balances due from related parties as at the year end is £5,193 (2024: £128). This is due to a timing issue and will be cleared through allocation of receipts provided by the Director for expenses incurred in the year.” — page 22
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Two trustees made unrestricted donations totaling £816.
“The first is for the Director (a close family member of two trustees who both resigned in May25) who receives an income from the Trust and has incurred costs to visit Madagascar and purchase items to sell in the UK. He also receives a per diem rate when in Madagascar or visiting other countries on charity work. The outstanding balances due from related parties as at the year end is £5,193 (2024: £128). This is due to a timing issue and will be cleared through allocation of receipts provided by the Director for expenses incurred in the year.” — page 22
Per FY2025 accounts as filed with OSCR.