Team Jak Foundation
Latest income
£727k
Latest spending
£740k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity achieved a surplus for the year ended 30 April 2025, reversing a deficit from the previous year, with total unrestricted reserves standing at £142,164. The trustees maintain a reserves policy to hold one to three months of running costs, and the current unrestricted reserves exceed this target. The independent auditor confirmed that the charity has adequate resources to continue in operational existence for the next 12 months with no material uncertainties identified.
What the accounts disclose
Payments to trustees: A relative of a trustee received salary; trustees donated money.
“A relative of a trustee is employed by the charity and received a salary remuneration of £64,798. Trustees of the charity donated sums to the charity as follows: £130 (2024: 120) and £357 (2024: nil).” — page 42
Per FY2025 accounts as filed with OSCR.
Related-party transaction: A relative of a trustee is employed by the charity and received a salary remuneration of £64,798.
“A relative of a trustee is employed by the charity and received a salary remuneration of £64,798.” — page 42
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustees donated £130 and £357 to the charity.
“A relative of a trustee is employed by the charity and received a salary remuneration of £64,798.” — page 42
Per FY2025 accounts as filed with OSCR.