GULF FOR GOOD
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves increased to £118,742 and total reserves reached £295,198 at year-end. The trustees report that financial sustainability is the major risk but confirm adequate resources exist to continue operations for the foreseeable future. No specific reserves policy target is stated, only that reserves are needed to meet working capital requirements.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Ben McCabe
- Elena Barwick
- JAMES BOYD BERRY
- Jennifer Sault
- Katherine Kearsey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £501k | £383k |
| 31/12/2023 | £392k | £224k |
| 30/11/2022 | £221k | £125k |
| 30/11/2021 | £82k | £84k |
| 30/11/2020 | £204k | £232k |
Common questions
Is GULF FOR GOOD financially healthy?
The accounts state that unrestricted reserves increased to £118,742 and total reserves reached £295,198 at year-end. The trustees report that financial sustainability is the major risk but confirm adequate resources exist to continue operations for the foreseeable future. No specific reserves policy target is stated, only that reserves are needed to meet working capital requirements. Its FY2023 accounts were independently examined.