B K CHARITABLE TRUST

Registered charity 1047323 · accounts filings on the Charity Commission register

Latest income
£206k
Latest spending
£255k
Registered
1995
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased significantly from £51,887 to £5,800 due to charitable expenditure exceeding incoming resources. The trustees report a reserves policy to maintain funds sufficient for day-to-day running costs, but the current unrestricted fund balance is very low relative to the previous year's position.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
The fund's reserves have decreased by £46,087, decreasing the funds brought forward from the previous year of £51,887 to £5,800.
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations of £183,000 made by companies where a trustee is a director.
During the year donations amounting to £183,000 were made by companies in which one of the Trustees is a director. — page 15
At the year end, loans amounting to £678,664 were due from these companies. — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loans of £678,664 due from companies where a trustee is a director.
During the year donations amounting to £183,000 were made by companies in which one of the Trustees is a director. — page 15
At the year end, loans amounting to £678,664 were due from these companies. — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£206k£255k
31/12/2023£128k£264k
31/12/2022£247k£246k
31/12/2021£167k£163k
31/12/2020£116k£115k

Common questions

Is B K CHARITABLE TRUST financially healthy?

The accounts state that unrestricted reserves decreased significantly from £51,887 to £5,800 due to charitable expenditure exceeding incoming resources. The trustees report a reserves policy to maintain funds sufficient for day-to-day running costs, but the current unrestricted fund balance is very low relative to the previous year's position. Its FY2024 accounts were independently examined.

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