BAYFIELD CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity's total assets less liabilities stood at £2,230,667 as of 5 April 2024, with cash funds of £121,756. The trustees' report indicates that the charity distributes all income as soon as practical and maintains no reserves of income, as overheads are low and donations vary. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“It is the Trustees' policy not to retain reserves of income as the Charity's overheads are low and the donations that are made vary according to the level of income generated. As such no reserves of income are required to ensure the Trust's continued operations.” — page 4
Trustees
- MR TOM BARROW
- SIR CHARLES CHRISTIAN NICHOLSON BT
- SIR EUAN HAMILTON ANSTRUTHER-GOUGH-CALTHORPE BT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £292k | £221k |
| 05/04/2024 | £331k | £296k |
| 05/04/2023 | £190k | £280k |
| 05/04/2022 | £173k | £273k |
| 05/04/2021 | £164k | £46k |
Common questions
Is BAYFIELD CHARITABLE TRUST financially healthy?
The accounts state that the charity's total assets less liabilities stood at £2,230,667 as of 5 April 2024, with cash funds of £121,756. The trustees' report indicates that the charity distributes all income as soon as practical and maintains no reserves of income, as overheads are low and donations vary. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |