Charity Accounts Intelreading the accounts so you don’t have to

LEEDS AREA QUAKER MEETING

Registered charity 1134542 · accounts filings on the Charity Commission register · also known as LEEDS AQM, Leeds Area Quaker Meeting of the Society of Friends

Latest income
£227k
Latest spending
£278k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £42,311 for the year, driven by a £56,840 deficit on unrestricted funds which was partially offset by a surplus on restricted funds. Despite this, the charity holds substantial unrestricted free reserves of £4,630,135, which significantly exceed its stated reserves policy target range. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: a £20,000 deficit and a £50,000 surplus on the calculated figure (held: £4.6m)
“The acceptable range of reserves shall lie between a £20,000 deficit and a £50,000 surplus on the calculated figure.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bradford City · Leeds City

Income and spending

Financial year endIncomeSpending
31/12/2024£227k£278k
31/12/2023£285k£218k
31/12/2022£206k£216k
31/12/2021£168k£169k
31/12/2020£268k£198k

Common questions

Is LEEDS AREA QUAKER MEETING financially healthy?

The accounts state that the charity reported a net deficit of £42,311 for the year, driven by a £56,840 deficit on unrestricted funds which was partially offset by a surplus on restricted funds. Despite this, the charity holds substantial unrestricted free reserves of £4,630,135, which significantly exceed its stated reserves policy target range. The trustees confirmed 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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
HARDSHAW AND MANN AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN1£12k
THE SCURRAH WAINWRIGHT CHARITY1£5k
LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING1£200
WORLD DAY OF PRAYER NATIONAL COMMITTEE FOR ENGLAND, WALES AND NORTHERN IRELAND1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HERTFORD AND HITCHIN AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS).