WEST OF ENGLAND RURAL NETWORK
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £68,986 for the year, which the trustees attribute to the timing of grant income recognition rather than operational performance. Unrestricted reserves stood at £87,933, which is described as very close to the trustees' stated policy target of three months' expenditure. The trustees confirm the charity remains financially sound and able to continue as a going concern.
What the accounts disclose
“As at the end of March 2024 unrestricted reserves amounted to £87,933 - very close to the three-month target.” — page 5
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2024).
Funders the charity credits
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Annemieke Miranda Waite
- Edith Whittingham
- Jane Wildblood
- Julian Marc Ellacott
- Laura Penny
- Matthew Riddle
- SAMANTHA ROSS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £527k | £578k |
| 31/03/2024 | £337k | £406k |
| 31/03/2023 | £406k | £372k |
| 31/03/2022 | £392k | £271k |
| 31/03/2021 | £275k | £238k |
Common questions
Is WEST OF ENGLAND RURAL NETWORK financially healthy?
The accounts state that the charity reported a deficit of £68,986 for the year, which the trustees attribute to the timing of grant income recognition rather than operational performance. Unrestricted reserves stood at £87,933, which is described as very close to the trustees' stated policy target of three months' expenditure. The trustees confirm the charity remains financially sound and able to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOPE KEITH VILLAGERS TRUST | 1 | £61k |
| THE DIXIE ROSE FINDLAY CHARITABLE TRUST | 1 | £3k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £3k |
| THE MILLICHOPE FOUNDATION | 1 | £2k |