LONDON STREET (BASINGSTOKE) UNITED REFORMED CHURCH CHARITY
Financial health, per its FY2022 accounts
The accounts state that the charity operated at a net expenditure for the year, with a running deficit in unrestricted funds that was covered by Gift Aid received in the following year. The trustees maintain a reserves policy of six months' expenditure, calculated at £14,136, and the actual unrestricted reserves held were £14,137. The charity's assets are largely tied up in designated and restricted funds, with the General Fund holding the primary unrestricted balance.
What the accounts disclose
“The Trustees’ policy is to retain six months expenditure as “free” reserves to cover future shortfalls in income or unexpected expense; for 2022 this was calculated to be £14,136.” — page 4
Trustees
- Anthony Paul Patterson
- Beryl Lillian Wootton
- Elizabeth Marion Foster
- IAN ROBERT MENZIES SCOTT
- Ian Peter McCloy
- Jennifer McCloy
- MARGARET ROSE CARRICK SMITH
- Margaret Helen Dawson Morgans MCSP
- Maureen Joyce Cook
- Moavu Kengjisu A'monju F.C.C.A.
- WAI LENG AYLAND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £101k | £138k |
| 31/12/2023 | £466k | £175k |
| 31/12/2022 | £77k | £99k |
| 31/12/2021 | £106k | £94k |
| 31/12/2020 | £130k | £118k |
Common questions
Is LONDON STREET (BASINGSTOKE) UNITED REFORMED CHURCH CHARITY financially healthy?
The accounts state that the charity operated at a net expenditure for the year, with a running deficit in unrestricted funds that was covered by Gift Aid received in the following year. The trustees maintain a reserves policy of six months' expenditure, calculated at £14,136, and the actual unrestricted reserves held were £14,137. The charity's assets are largely tied up in designated and restricted funds, with the General Fund holding the primary unrestricted balance. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THERMOSAFE FOUNDATION | 1 | £16k |