THE GEOFF & FIONA SQUIRE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £7.67m to £7.05m due to a decrease in investment capital values and income. The trustees confirm that the charity maintains reserves equivalent to at least one year’s expenditure, satisfying its own policy target, and considers the going concern basis appropriate with no material uncertainties identified.
What the accounts disclose
“It is the policy of the charity that liquid unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least one year’s expenditure.” — page 6
“Fees payable to Charles Russell Speechlys, of whom one of the charity's trustees is partner, are authorised under clause 18 of the trust deed. Fees are included with support and governance costs in note 5 with £1,560 (2024: £2,016) accrued the balance sheet date in respect of these fees.” — page 17
Trustees
- MR B PEERLESS
- MR G SQUIRE
- MS F SQUIRE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £173k | £826k |
| 31/03/2024 | £182k | £942k |
| 31/03/2023 | £147k | £770k |
| 31/03/2022 | £122k | £860k |
| 31/03/2021 | £144k | £849k |
Common questions
Is THE GEOFF & FIONA SQUIRE FOUNDATION financially healthy?
The accounts state that total funds decreased from £7.67m to £7.05m due to a decrease in investment capital values and income. The trustees confirm that the charity maintains reserves equivalent to at least one year’s expenditure, satisfying its own policy target, and considers the going concern basis appropriate with no material uncertainties identified. Its FY2025 accounts were independently examined.