Sporos Trust
Latest income
£567k
Latest spending
£466k
Accounts read
FY2019
Financial health, per FY2019 accounts
The accounts state that unrestricted funds increased to £749,182 from £522,939 in the prior year, driven by voluntary income from share gifts and investment gains. The trustees report that the charity is funded exclusively by founding trustees with no solicitation of third-party funds, and they envisage no difficulty in applying accumulated reserves to charitable causes.
What the accounts disclose
Related-party transaction: Gifts of quoted shares
“There were no other transactions of any kind with the trustees or with any connected party during the period, other than the gifts of quoted shares to the charity by the trustees as disclosed in the SOFA (Voluntary income) and Note 3.” — page 9
Per FY2019 accounts as filed with OSCR.