THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST
Financial health, per its FY2022 accounts
The accounts state that the charity holds unrestricted reserves of £80,980, which is a decrease from the previous year's £80,980 (note: text says 8180, 775 likely typo for 80,980 based on balance sheet, but explicitly states 'free reserves are currently 8180, 775' in TR and '80,980' in SOFA/BS. I will use the explicit SOFA/BS figure for accuracy or note the discrepancy. Actually, SOFA says 80,980. TR says 8180, 775. This is a clear typo in the TR. The Balance Sheet confirms 80,980. The narrative should reflect the financial position: the charity has adequate resources to continue as a going concern with no material uncertainties identified by the auditors. The trustees aim to maintain endowment reserves to generate income for grants, noting that free reserves are anticipated to be reduced as more grants are paid.
What the accounts disclose
Trustees
- Michael Muschampchair
- Christopher Neil Calvert
- JOHN Child
- Kathleen Bromilow MBE
- Kathryn Harwood
- PALMIRA STAFFORD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £270k | £290k |
| 31/12/2023 | £258k | £286k |
| 31/12/2022 | £255k | £201k |
| 31/12/2021 | £200k | £292k |
| 31/12/2020 | £280k | £353k |
Common questions
Is THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £80,980, which is a decrease from the previous year's £80,980 (note: text says 8180, 775 likely typo for 80,980 based on balance sheet, but explicitly states 'free reserves are currently 8180, 775' in TR and '80,980' in SOFA/BS. I will use the explicit SOFA/BS figure for accuracy or note the discrepancy. Actually, SOFA says 80,980. TR says 8180, 775. This is a clear typo in the TR. The Balance Sheet confirms 80,980. The narrative should reflect the financial position: the charity has adequate resources to continue as a going concern with no material uncertainties identified by the auditors. The trustees aim to maintain endowment reserves to generate income for grants, noting that free reserves are anticipated to be reduced as more grants are paid. Its FY2022 accounts were audited by Champion Accountants LLP.