GLOBE AND LAUREL MAGAZINE
Financial health, per its FY2023 accounts
The accounts state that total funds decreased to £339,248 from £365,123 in the prior year, driven by a net expenditure on charitable activities that exceeded incoming resources. The trustees maintain a reserves policy targeting six months of operating costs, noting that free reserves of £90,000 exceed the required £57,000 budget. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Trustees
- Brigadier Simon Milward Rogers OBE
- Gary Edward Green OBE
- Timothy Daniel Jukes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £160k | £140k |
| 31/03/2024 | £160k | £140k |
| 31/03/2023 | £152k | £160k |
| 31/03/2022 | £142k | £191k |
| 31/03/2021 | £150k | £112k |
Common questions
Is GLOBE AND LAUREL MAGAZINE financially healthy?
The accounts state that total funds decreased to £339,248 from £365,123 in the prior year, driven by a net expenditure on charitable activities that exceeded incoming resources. The trustees maintain a reserves policy targeting six months of operating costs, noting that free reserves of £90,000 exceed the required £57,000 budget. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COLONEL W H WHITBREAD CHARITABLE TRUST | 1 | £10k |
| THE W A HANDLEY CHARITY TRUST | 1 | £5k |
| THE CATHERINE COOKSON CHARITABLE TRUST | 1 | £2k |
| THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST | 1 | £500 |