POA WELFARE FUND
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £1,444,409 to £1,604,050, driven by a net income of £159,641. The charity holds £1,080,152 in net current assets, including £79,437 in cash and £523,898 in listed investments. The trustees and auditors confirm the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
Trustees
- DAVID TODD
- JOSEPH SIMPSON
- Mark Fairhurst
- STEPHEN GILLAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £473k | £337k |
| 31/12/2023 | £401k | £282k |
| 31/12/2022 | £381k | £344k |
| 31/12/2021 | £403k | £290k |
| 31/12/2020 | £426k | £241k |
Common questions
Is POA WELFARE FUND financially healthy?
The accounts state that unrestricted funds increased from £1,444,409 to £1,604,050, driven by a net income of £159,641. The charity holds £1,080,152 in net current assets, including £79,437 in cash and £523,898 in listed investments. The trustees and auditors confirm the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were audited by Sturgess Hutchinson (Leicester) Limited.