THE BRISTOL COMMONWEALTH SOCIETY
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £63,727 for the year ended 31 December 2024, primarily driven by a £56,775 loss on the valuation of its investments. Despite this reduction in net assets, the charity holds unrestricted reserves of £443,601, which the trustees consider sufficient to meet day-to-day requirements. The independent examiner confirmed that proper accounting records were kept and no matters requiring attention were identified.
What the accounts disclose
“The Trustees believe the Society’s level of reserves to be sufficient to meet its day to day requirements. As a matter of policy, each year the Trustees review the value of the reserves required to be held in investments, cash and cash equivalents not restricted to any particular purpose.” — page 4
Trustees
- Dr KAY BARNARDchair
- Athanasis Lazarides
- Janet Mary Kirk
- Janis Purdy
- Nicholas Stephen John Watts
- Robin Danny Elms
- Sibusiso Tshabalala
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £112k | £176k |
| 31/12/2023 | £82k | £72k |
| 31/12/2022 | £60k | £77k |
| 31/12/2021 | £65k | £51k |
| 31/12/2020 | £72k | £45k |
Common questions
Is THE BRISTOL COMMONWEALTH SOCIETY financially healthy?
The accounts state that the charity reported a net loss of £63,727 for the year ended 31 December 2024, primarily driven by a £56,775 loss on the valuation of its investments. Despite this reduction in net assets, the charity holds unrestricted reserves of £443,601, which the trustees consider sufficient to meet day-to-day requirements. The independent examiner confirmed that proper accounting records were kept and no matters requiring attention were identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IGY FOUNDATION | 1 | £560k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £50k |
| CHARTERED ACCOUNTANTS' LIVERY CHARITY | 1 | £3k |