COVENTRY BUILDING SOCIETY CHARITABLE FOUNDATION

Registered charity 1072244 · accounts filings on the Charity Commission register

Latest income
£484k
Latest spending
£539k
Registered
1998
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the Charity received total income of £595,643 and incurred charitable expenditure of £363,500, resulting in a net surplus that increased unrestricted funds to £247,548. The Charity is entirely dependent on donations from the Coventry Building Society and its employees for funding, with administrative costs also borne by the Society. The Trustees confirm there are no material uncertainties regarding the Charity's ability to continue as a going concern.

What the accounts disclose

Accounts audited by PricewaterhouseCoopers.

Structured financials (annual return, FY ending 31/12/2022)

Total income
£596k
Total spending
£364k
Reserves (reported)
£248k
Employees
0

Reported reserves equal ~8.2 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Coventry City · Warwickshire

Income and spending

Financial year endIncomeSpending
31/12/2024£484k£539k
31/12/2023£304k£475k
31/12/2022£596k£364k
31/12/2021£389k£374k
31/12/2020£70k£75k

Common questions

Is COVENTRY BUILDING SOCIETY CHARITABLE FOUNDATION financially healthy?

The accounts state that the Charity received total income of £595,643 and incurred charitable expenditure of £363,500, resulting in a net surplus that increased unrestricted funds to £247,548. The Charity is entirely dependent on donations from the Coventry Building Society and its employees for funding, with administrative costs also borne by the Society. The Trustees confirm there are no material uncertainties regarding the Charity's ability to continue as a going concern. Its FY2022 accounts were audited by PricewaterhouseCoopers.

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