C.A.B. CORNWALL
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £11,034 for the year ended 31 March 2025, with total income of £1,824,617 and total expenditure of £1,805,582. Free reserves stood at £517,483, which the trustees confirm is equivalent to over three months of organisational expenditure, satisfying their stated reserves policy. While the charity maintains adequate resources to continue as a going concern, the trustees note that funding from certain contracts is ending and alternative funding is being sought to maintain financial stability.
What the accounts disclose
“It has established a policy whereby the free reserves (unrestricted funds less the value of fixed assets) held by the Charity should be maintained at a level equivalent to three months' expenditure.” — page 10
“During the year the Charity made the following related party transactions: Cornwall Community Foundation (Trustee Frances Keene is a member of the grants committee.) Grant funding totalling £13,669 was received in the year to provide mental health first aid training and advice. At the balance sheet date the amount due to/from Cornwall Community Foundation was £Nil (2024 - £Nil). Page 50” — page 52
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Frances Anne Keenechair
- Dr Clive Acraman
- Gavin Ian Veater-Carey
- Graeme Roy
- Jane Amanda Abraham
- Joanna Lake-Jones
- Pamela Elizabeth Cole
- Stephen Paul Stolliday
- Susan Janet Hobbs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.8m |
| 31/03/2024 | £1.7m | £1.7m |
| 31/03/2023 | £1.8m | £1.8m |
| 31/03/2022 | £1.9m | £1.7m |
| 31/03/2021 | £1.6m | £1.4m |
Common questions
Is C.A.B. CORNWALL financially healthy?
The accounts state that the charity reported a surplus of £11,034 for the year ended 31 March 2025, with total income of £1,824,617 and total expenditure of £1,805,582. Free reserves stood at £517,483, which the trustees confirm is equivalent to over three months of organisational expenditure, satisfying their stated reserves policy. While the charity maintains adequate resources to continue as a going concern, the trustees note that funding from certain contracts is ending and alternative funding is being sought to maintain financial stability. Its FY2025 accounts were audited by PKF Francis Clark.