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BUD FLANAGAN LEUKAEMIA FUND LIMITED

Registered charity 1092540 · accounts filings on the Charity Commission register · also known as BUD FLANAGAN LEUKAEMIA FUND, THE BUD CLUB

Supporting various institutions in carrying out research into the causes, diagnosis and treatment of Leukaemia and the relief of those suffering from the disease.

Causes: The Advancement Of Health Or Saving Of Lives · Other Charitable Purposes · website · Get email alerts

Latest income
£31k
Latest spending
£32k
Registered
2002
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £675 for the year, resulting in total unrestricted funds increasing to £773,385. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with free reserves of £143,385 held at year-end. The charity is dependent on voluntary support and income from donations and rental properties to pursue its objectives.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient reserves are maintained to meet its current commitments and to pursue its activities for the foreseeable future (held: £143k)
“It is a policy of the charity that sufficient reserves are maintained to meet its current commitments and to pursue its activities for the foreseeable future.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Property purchase from company secretary
“In 2019, the charity purchased a property from Ms Rudland-Wood, company secretary, for the amount of £160,000. It was purchased at an amount below market value on the basis that Ms Rudland-Wood would pay for the cost of modernising the property.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold); recorded price paid £478k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£31k£32k
31/12/2023£25k£28k
31/12/2022£25k£16k
31/12/2021£29k£25k
31/12/2020£9k£20k

Common questions

Is BUD FLANAGAN LEUKAEMIA FUND LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £675 for the year, resulting in total unrestricted funds increasing to £773,385. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with free reserves of £143,385 held at year-end. The charity is dependent on voluntary support and income from donations and rental properties to pursue its objectives. Its FY2024 accounts were independently examined.