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

NORFOLK & WAVENEY AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS

Registered charity 1134787 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£328k
Latest spending
£443k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds decreased from £5,117,487 to £4,584,673 due to a net outgoing of resources, largely driven by a £601,059 loss on the revaluation of investment properties. Despite this significant non-cash loss, the charity maintains substantial net assets of £6,698,335 and the trustees confirm adequate resources for going concern.

What the accounts disclose

Accounts audited by MAPUS-SMITH & LEMMON LLP.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/12/2020)

Total income
£561k
Total spending
£284k
Cost of raising funds
£156k
Reserves (reported)
£438k
Employees
2

Reported reserves equal ~18.5 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Norfolk · Suffolk

Income and spending

Financial year endIncomeSpending
31/12/2024£328k£443k
31/12/2023£345k£306k
31/12/2022£452k£436k
31/12/2021£452k£436k
31/12/2020£561k£284k

Common questions

Is NORFOLK & WAVENEY AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS financially healthy?

The accounts state that unrestricted funds decreased from £5,117,487 to £4,584,673 due to a net outgoing of resources, largely driven by a £601,059 loss on the revaluation of investment properties. Despite this significant non-cash loss, the charity maintains substantial net assets of £6,698,335 and the trustees confirm adequate resources for going concern. Its FY2024 accounts were audited by MAPUS-SMITH & LEMMON LLP.

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).