THE ANCHOR SOCIETY LTD
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves amounted to £1,566,621 at the year end, with £1,100,000 designated for long-term investments. The charity reported a net expenditure of £53,810 for the year, resulting in a decrease in unrestricted funds from the previous period. The independent examiner confirmed that the accounts comply with applicable regulations and the Charities SORP.
What the accounts disclose
“The Trustees review the level of cash and investments held at each meeting of the Board to ensure there are sufficient liquid funds to meet its commitments over the following 12 months.” — page 5
“During the year, a donation of £15,000 and grants of £105,200 were made to The Anchor Society CIO (2024: £105,000). All of the trustees are also trustees of The Anchor Society CIO.” — page 15
“During the year, the Society paid £3,251 to Bennetts Solicitors for professional fees. HL Wallington, a trustee, is a partner at Bennetts Solicitors.” — page 15
“During the year, a donation of £15,000 and grants of £105,200 were made to The Anchor Society CIO (2024: £105,000). All of the trustees are also trustees of The Anchor Society CIO.” — page 15
“During the year, the Society paid £3,251 to Bennetts Solicitors for professional fees. HL Wallington, a trustee, is a partner at Bennetts Solicitors.” — page 15
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £115k | £124k |
| 31/12/2024 | £115k | £108k |
| 31/12/2023 | £113k | £18k |
| 31/12/2022 | £94k | £47k |
| 31/12/2021 | £83k | £25k |
Common questions
Is THE ANCHOR SOCIETY LTD financially healthy?
The accounts state that unrestricted reserves amounted to £1,566,621 at the year end, with £1,100,000 designated for long-term investments. The charity reported a net expenditure of £53,810 for the year, resulting in a decrease in unrestricted funds from the previous period. The independent examiner confirmed that the accounts comply with applicable regulations and the Charities SORP. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £126k |