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

WALESBY FOREST

Registered charity 1147348 · accounts filings on the Charity Commission register

Get email alerts for this charity

Latest income
£1.5m
Latest spending
£1.5m
Registered
2012
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity generated a net income of £162,213 for the year ended 31 December 2022, resulting in total unrestricted reserves of £793,940. The trustees consider the level of unrestricted funds to be equivalent to 10 months of fixed costs, which they view as satisfactory and sufficient to cover administration and potential income interruptions. The charity reports a strong balance sheet with cash reserves increasing by £142,047 during the year, supporting its strategy for future capital investment.

What the accounts disclose

Accounts audited by Wright Vigar Limited. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — Walesby Forest (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.5m
Total spending
£1.5m
Cost of raising funds
£97k
Reserves (reported)
£826k
Employees
41

Reported reserves equal ~6.5 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/12/2024£1.5m£1.5m
31/12/2023£1.6m£1.5m
31/12/2022£1.4m£1.3m
31/12/2021£994k£761k
31/12/2020£221k£534k

Common questions

Is WALESBY FOREST financially healthy?

The accounts state that the charity generated a net income of £162,213 for the year ended 31 December 2022, resulting in total unrestricted reserves of £793,940. The trustees consider the level of unrestricted funds to be equivalent to 10 months of fixed costs, which they view as satisfactory and sufficient to cover administration and potential income interruptions. The charity reports a strong balance sheet with cash reserves increasing by £142,047 during the year, supporting its strategy for future capital investment. Its FY2022 accounts were audited by Wright Vigar Limited.