ROUNDABOUT (WEST MIDLANDS) LIMITED
Roundabout receives mainly domestic furniture to supply to low income families and individuals.
Latest income
£290k
Latest spending
£300k
Registered
2004
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure for the year, resulting in a decrease in unrestricted fund balances from £239,787 to £229,452. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with unrestricted reserves of £229,452 held against a policy target of £100,000.
What the accounts disclose
Reserves policy: 4 months' operations costs, which equates to £100,000 (held: £229k)
“The Roundabout trustees have directed that a minimum of 4 months' operations costs (2024 - 4.5 months), which equates to £100,000 should be held in reserve.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 17
“During the year the charity employed the daughter of a Trustee as an administration manager. The amount of salary paid during the year amounted to £14,957 (2024 - £12,561). All decisions taken in connection with the employee's employment as an administration manager were made and approved by the Board of Trustees, with the Trustee connected to the employee absenting himself from related discussions and decisions.” — page 19
“During the year the charity engaged the wife of a Trustee to provide bookkeeping support following internal personnel changes. The amount of fees incurred during the year amounted to £10,175 (2024 - £6,355). All decisions taken in connection with the engagement of these services were made and approved by the Board of Trustees, with the Trustee connected to the service provider absenting himself from related discussions and decisions.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 17
“During the year the charity employed the daughter of a Trustee as an administration manager. The amount of salary paid during the year amounted to £14,957 (2024 - £12,561). All decisions taken in connection with the employee's employment as an administration manager were made and approved by the Board of Trustees, with the Trustee connected to the employee absenting himself from related discussions and decisions.” — page 19
“During the year the charity engaged the wife of a Trustee to provide bookkeeping support following internal personnel changes. The amount of fees incurred during the year amounted to £10,175 (2024 - £6,355). All decisions taken in connection with the engagement of these services were made and approved by the Board of Trustees, with the Trustee connected to the service provider absenting himself from related discussions and decisions.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Brian David Darwoodchair
- John Findlay
- Keith Francis Barnes
- Pak Kai Hung
- Pearl Dawn Bennett
- Sally Sealy
- Simon Yates
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £290k | £300k |
| 31/03/2024 | £240k | £260k |
| 31/03/2023 | £193k | £197k |
| 31/03/2022 | £182k | £154k |
| 31/03/2021 | £102k | £103k |
Common questions
Is ROUNDABOUT (WEST MIDLANDS) LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure for the year, resulting in a decrease in unrestricted fund balances from £239,787 to £229,452. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with unrestricted reserves of £229,452 held against a policy target of £100,000. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 01/03/2006 | £5k | Bar-Coding for furniture tracing |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE INFLEXION FOUNDATION | 1 | £1.5m |
| AKO FOUNDATION | 1 | £500k |
| THE MASTER CHARITABLE TRUST | 1 | £375k |
| THE FIDELITY UK FOUNDATION | 1 | £330k |
| VERONICA AND LARS BANE FOUNDATION CIO | 1 | £259k |
| THE NORMAN TRUST | 1 | £205k |
| THE PRUDENCE TRUST | 1 | £180k |
| THE LINBURY TRUST | 1 | £150k |
Charities like this
- ROUNDABOUT LIMITED
- DEBENHAM ROUNDABOUT PRE-SCHOOL
- THE ROUNDHOUSE TRUST
- THE ROUND SQUARE
- ILKLEY AND DISTRICT ROUND TABLE
- HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROUNDABOUT (WEST MIDLANDS) LIMITED | £290k | — | 0 | above | — | no doubt |
| ROUNDABOUT LIMITED | £9.4m | — | — | below | — | no doubt |
| DEBENHAM ROUNDABOUT PRE-SCHOOL | £129k | — | 0 | unclear | — | no doubt |
| THE ROUNDHOUSE TRUST | £16.6m | — | 11 | below | — | no doubt |
| THE ROUND SQUARE | £2.1m | £150,001 - £160,000 | — | above | — | no doubt |
| ILKLEY AND DISTRICT ROUND TABLE | £239k | — | 0 | unclear | — | no doubt |