BRITEFIELD TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £187,112 for the year, resulting in a decrease in total funds from £1,227,555 to £1,040,443. The charity holds unrestricted distributable reserves of £499,121, though it carries significant current liabilities of £447,104 against current assets of £67,547. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £117k | £304k |
| 31/12/2023 | £112k | £202k |
| 31/12/2022 | £281k | £291k |
| 31/12/2021 | £117k | £345k |
| 31/12/2020 | £102k | £124k |
Common questions
Is BRITEFIELD TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £187,112 for the year, resulting in a decrease in total funds from £1,227,555 to £1,040,443. The charity holds unrestricted distributable reserves of £499,121, though it carries significant current liabilities of £447,104 against current assets of £67,547. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KOLLEL AND CO LIMITED | 1 | £500k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £380k |
| NASOD CHARITABLE TRUST | 1 | £290k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £147k |
| JEG TRUST LIMITED | 1 | £60k |
| AHAVATH CHESSED CHARITABLE ASSOCIATION LIMITED | 1 | £58k |
| REIFER MEMORIAL LIMITED | 1 | £22k |
| H P CHARITABLE TRUST | 1 | £21k |