DAISYCHAIN BENEVOLENT FUND TRUST
Latest income
£165k
Latest spending
£173k
Registered
2008
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,885 at the end of the period, with the trustees declaring no policy of holding significant reserves. The charity relies entirely on annual donations from a related trading subsidiary, noting that increasing costs and the retail sector's difficulties pose operational challenges for the future.
What the accounts disclose
Going concern: noted by the trustees or auditor
“IT IS FORCAST THAT INCREASING COSTS IN 2025, DUE TO THE UK BUDGET, WILL CONTINUE TO POSE OPERATIONAL CHALLENGES.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: DAISYCHAIN BENEVOLENT FUND LTD
“THE MAJORITY OF THE FUNDS ARE THE PROCEEDS FROM THE TRADING ACTIVITIES OF DAISYCHAIN BENEVOLENT FUND LTD AND ITS SHOPS.”
Per its FY2024 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- GREGORY ROWEchair
- DAVINA ROBERTS
- ELIZABETH HAWKETT
- JONATHAN MOORE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £165k | £173k |
| 31/12/2023 | £203k | £222k |
| 31/12/2022 | £202k | £236k |
| 31/12/2021 | £123k | £62k |
| 31/12/2020 | £163 | £0 |
Common questions
Is DAISYCHAIN BENEVOLENT FUND TRUST financially healthy?
The accounts state that unrestricted reserves stood at £1,885 at the end of the period, with the trustees declaring no policy of holding significant reserves. The charity relies entirely on annual donations from a related trading subsidiary, noting that increasing costs and the retail sector's difficulties pose operational challenges for the future.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY AIR AMBULANCE TRUST | 1 | £354k |
| PARKINSON'S DISEASE SOCIETY OF THE UNITED KINGDOM | 1 | £169k |
| THE PENNIES FOUNDATION | 1 | £73k |
| MAY HEARNSHAW CHARITABLE TRUST | 1 | £14k |
| THE HOSPITAL OF GILBERT, EARL OF SHREWSBURY AT SHEFFIELD | 1 | £7k |
| G F EYRE CHARITABLE TRUST | 1 | £1k |
| Evelyn Partners Charitable Trust | 1 | £700 |