THE RIMSHOT CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,122,710, significantly exceeding the stated policy target of £10,000. The charity reported a net expense of £18,814 for the year, funded by incoming resources of £126,976 and existing balances. The trustees confirmed sufficient funds are available to continue operating on a going concern basis.
What the accounts disclose
“We have agreed that we should retain a reserve of £10,000 for any out of the ordinary expenses.” — page 4
Structured financials (annual return, FY ending 28/02/2022)
Trustees
- JULIA JOY REESchair
- Ben Rees
- GRANT MITCHELL SMITH
- Neil Robert Loxley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £127k | £146k |
| 29/02/2024 | £87k | £124k |
| 28/02/2023 | £49k | £82k |
| 28/02/2022 | £931k | £144k |
| 28/02/2021 | £45k | £49k |
Common questions
Is THE RIMSHOT CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £1,122,710, significantly exceeding the stated policy target of £10,000. The charity reported a net expense of £18,814 for the year, funded by incoming resources of £126,976 and existing balances. The trustees confirmed sufficient funds are available to continue operating on a going concern basis. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITWORTH LIMITED | 1 | £25k |