CROYDON BME FORUM
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income surplus of £119,257 for the year ended 31 March 2023, increasing its total unrestricted and restricted funds to £547,882. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by current reserves and expected future income.
What the accounts disclose
“BME Forum's policy seeks to balance these priorities by holding a level of reserves which equates to between three and six months expenditure of the charity.” — page 15
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PAULETTE LEWIS MBEchair
- ASHOK KUMAR
- CHANDRA BABU
- Diane Smith
- GHAZALA MIRZA
- MALTI PATEL
- Viviene Witter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.4m |
| 31/03/2024 | £1.6m | £1.3m |
| 31/03/2023 | £1.1m | £1.0m |
| 31/03/2022 | £942k | £822k |
| 31/03/2021 | £349k | £288k |
Common questions
Is CROYDON BME FORUM financially healthy?
The accounts state that the charity reported a net income surplus of £119,257 for the year ended 31 March 2023, increasing its total unrestricted and restricted funds to £547,882. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by current reserves and expected future income. Its FY2023 accounts were audited by Hartley Fowler LLP.