Highest salary: No employee earned more than £60,000.
Reserves policy: The charity aims to hold unrestricted reserves equivalent to 25 per cent of turnover or three months' running costs, to be achieved by 2009/10. The target for 2007/08 was 22 per cent, to reflect the increased financial commitment to new office premises. At year-end, unrestricted reserves were £155,000, or 21 per cent of projected income.
Fundraising costs: The charity spent £50,000 on fundraising voluntary income, which was £497,000. This is a fundraising ratio of 10p in the pound. The previous year the fundraising ratio was 11p in the pound.
Pension: The charity has a defined-contribution scheme and contributes 4 per cent of salary.
How performance is communicated: The charity's website (www.asylumaid.org.uk) contains its annual report, which gives a broad and wide-ranging description of its work as well as focusing on specific achievements and outcomes. It also includes detailed information on the profile of clients helped by the charity and a breakdown of the kind of work it has done. The trustees' report and accounts sections contain further information, particularly on financial performance, including a good description of funding challenges the charity has faced and details of its evolving reserves policy.
The charity says: "Our income showed a downturn, largely the consequence of a change of fundraising staff, three major grants coming to an end and the need to focus on other, more pressing infrastructural issues. Nevertheless, we carried significant restricted funds forward into the year and achieved a surplus in unrestricted income."