THE BUZZACOTT STUART DEFRIES MEMORIAL FUND
Latest income
£119k
Latest spending
£127k
Registered
2003
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds stood at £386,383, which is in excess of the trustees' stated reserves policy target of up to £350,000. Although the charity reported a net decrease in funds of £1,737 for the year due to grants exceeding income, the trustees consider the current reserves adequate and not excessive.
What the accounts disclose
Reserves policy: up to £350,000 (held: £386k)
“The trustees' policy is to operate on the basis of having free reserves of up to £350,000 at any time.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Katharine Patel
- SCOTT BARBER
- Simon Howard Wax
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £119k | £127k |
| 30/09/2024 | £94k | £112k |
| 30/09/2023 | £90k | £76k |
| 30/09/2022 | £99k | £57k |
| 30/09/2021 | £98k | £72k |
Common questions
Is THE BUZZACOTT STUART DEFRIES MEMORIAL FUND financially healthy?
The accounts state that total unrestricted funds stood at £386,383, which is in excess of the trustees' stated reserves policy target of up to £350,000. Although the charity reported a net decrease in funds of £1,737 for the year due to grants exceeding income, the trustees consider the current reserves adequate and not excessive. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |