CITIZENS ADVICE SHROPSHIRE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £31,307 for the year ended 31 March 2024, resulting in total funds of £1,013,768. The trustees maintain a designated business continuity reserve of £642,000, representing six months of operating costs, while free unrestricted reserves stood at £181,675. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties related to going concern.
What the accounts disclose
“The trustees have determined to designate 6 months of operating costs in order to meet unexpected events” — page 21
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Christopher Bootechair
- Andrew Howitt
- Angela Williams
- Christopher Deaves
- JOANNE HARRISON
- MR TONY HINKLEY
- Minh Tuan Hoang
- Paul Langton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.3m |
| 31/03/2024 | £1.2m | £1.2m |
| 31/03/2023 | £2.0m | £2.0m |
| 31/03/2022 | £1.7m | £1.7m |
| 31/03/2021 | £1.7m | £1.7m |
Common questions
Is CITIZENS ADVICE SHROPSHIRE financially healthy?
The accounts state that the charity reported a net income of £31,307 for the year ended 31 March 2024, resulting in total funds of £1,013,768. The trustees maintain a designated business continuity reserve of £642,000, representing six months of operating costs, while free unrestricted reserves stood at £181,675. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties related to going concern. Its FY2024 accounts were audited by James, Holyoak & Parker Limited.