SAFER ROADS FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased by £40,411 to £854,222 at the year end, while total income rose to £120,276 from £20,684 the previous year. The trustees report that reserves remain above their stated policy target of three months' expenditure, and they maintain a going concern basis with adequate resources for the foreseeable future.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to a minimum of three months' expenditure.” — page 5
“The Charity received donations totalling £80,000 from M C Woodford (2023: £nil). Gift aid amounting to £20,057 (2023: £nil) has been claimed on the donations.” — page 18
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- MICHAEL CHRISTOPHER WOODFORDchair
- ANUNCIACION SOMAVILLA
- MICHAEL ROBERT THWAITES
- Stuart Malcolm Greengrass
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £136k | £88k |
| 31/03/2024 | £120k | £158k |
| 31/03/2023 | £21k | £315k |
| 31/03/2022 | £319k | £369k |
| 31/03/2021 | £790k | £1.2m |
Common questions
Is SAFER ROADS FOUNDATION financially healthy?
The accounts state that unrestricted reserves decreased by £40,411 to £854,222 at the year end, while total income rose to £120,276 from £20,684 the previous year. The trustees report that reserves remain above their stated policy target of three months' expenditure, and they maintain a going concern basis with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FIA FOUNDATION | 2 | £8.2m |