UNIT INSTITUTE FUND ROYAL MARINES POOLE
Financial health, per its FY2025 accounts
The accounts state that the Fund operated as a going concern with sufficient funds for daily and future activities, despite reporting a net movement in funds of (17,513) for the year. The Trustee's report notes that turnover is high and activity is very good, with steady income and expenditure flows. The Fund holds total net assets of 243,107, comprising unrestricted and restricted funds.
What the accounts disclose
“The Trustee’s policy is to maintain a sufficient level of reserves to provide a stable base for the Fund’s continuing activities. General reserves are normally only maintained at a level which is sufficient to meet the running costs of the Fund and to make grants in accordance with the Fund's objectives on a regular basis.” — page 7
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £178k | £194k |
| 30/04/2024 | £135k | £181k |
| 30/04/2023 | £139k | £110k |
| 30/04/2022 | £111k | £172k |
| 30/04/2021 | £136k | £116k |
Common questions
Is UNIT INSTITUTE FUND ROYAL MARINES POOLE financially healthy?
The accounts state that the Fund operated as a going concern with sufficient funds for daily and future activities, despite reporting a net movement in funds of (17,513) for the year. The Trustee's report notes that turnover is high and activity is very good, with steady income and expenditure flows. The Fund holds total net assets of 243,107, comprising unrestricted and restricted funds. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ARMED FORCES COVENANT FUND | 1 | £384k |
| GLOBE AND LAUREL MAGAZINE | 1 | £55k |
| THE BALCOMBE CHARITABLE TRUST | 1 | £25k |
| THE ADDERSTONE FOUNDATION | 1 | £18k |
| THE JOHN SCOTT CHARITABLE TRUST | 1 | £15k |
| THE PENNIES FOUNDATION | 1 | £12k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £5k |
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | 1 | £5k |
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