SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity holds significant unrestricted funds of £106,786, which are available for future expenditure. The Trustees consider that the charity has adequate financial resources to continue to fulfil its purpose, noting that the annual donation for the following year has already been approved and paid by the parent society. There are no material uncertainties surrounding the charity's ability to continue in operational existence.
What the accounts disclose
“During the year, the charity received donations of 5350, 000 (2022: 6200, 000) and bank interest of E2, 569 (2022: f168) from Skipton Building Society. A further donation of E350,000 was received in the period but deferred until the 23/24 financial year to which the funding was allocated by the Society. In addition, Ms Davies and Ms Ewing were employees of Skipton Building Society during the period. Mr Bell was an employee of Skipton Business Finance, a subsidiary of Skipton Building Society, during the period.” — page 16
Funders the charity credits
- Skipton Building Society
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- Clare N Gardner
- GILES RICHARD BOWRING
- Graham Hamilton
- Gregory Mark Bell
- John Cleland
- Peter Sanchez
- Robert James Hickson
- Shagufta Sharif
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £843k | £588k |
| 29/02/2024 | £362k | £452k |
| 28/02/2023 | £353k | £294k |
| 28/02/2022 | £200k | £235k |
| 28/02/2021 | £155k | £157k |
Common questions
Is SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION financially healthy?
The accounts state that the charity holds significant unrestricted funds of £106,786, which are available for future expenditure. The Trustees consider that the charity has adequate financial resources to continue to fulfil its purpose, noting that the annual donation for the following year has already been approved and paid by the parent society. There are no material uncertainties surrounding the charity's ability to continue in operational existence. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NEIGHBOURLY FOUNDATION | 1 | £1.6m |
| THE MRS SMITH AND MOUNT TRUST | 1 | £20k |
| THE TRUEMARK TRUST | 1 | £7k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £5k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £4k |