SUBTERRANEA BRITANNICA
The principal activity of Subterranea Britannica is to encourage and promote the study of all aspects of man-made and man-used underground spaces, structures and objects.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £84,804, which the trustees describe as being at the upper quartile of their target range of 6-18 months of annual incoming resources. The charity reported a net expenditure of £3,483 for the year, resulting in a decrease in total funds from £88,238 to £84,804. The trustees confirm that the charity has adequate resources to continue its activities.
What the accounts disclose
“Our target is to have financial reserves equivalent to 6-18 months of annual incoming resources”
Trustees
- Timothy John Wellburnchair
- David Maguire
- Dr Neil James Iosson
- LINDA JANE DIXON
- Richard John Charles West
- Rikki Holland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £67k | £70k |
| 31/12/2023 | £61k | £54k |
| 31/12/2022 | £66k | £63k |
| 31/12/2021 | £33k | £42k |
| 31/12/2020 | £33k | £31k |
Common questions
Is SUBTERRANEA BRITANNICA financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £84,804, which the trustees describe as being at the upper quartile of their target range of 6-18 months of annual incoming resources. The charity reported a net expenditure of £3,483 for the year, resulting in a decrease in total funds from £88,238 to £84,804. The trustees confirm that the charity has adequate resources to continue its activities. Its FY2024 accounts were independently examined.