TUDOR HOUSE BROADWAY TRUST
Provision of a community museum and education facilities
Financial health, per its FY2024 accounts
The charity reported a net deficit of £2,990 for the year, reducing its total unrestricted reserves to £228,895. The trustees maintain a reserves policy target of six months' expenditure to ensure operational sustainability. Despite the deficit, the trustees confirmed the accounts are prepared on a going concern basis, citing adequate resources and mitigation measures.
What the accounts disclose
“The Trustees are looking to maintain cash reserves equivalent to 6 months expenditure to enable the maintenance of the Museum operations.” — page 3
Property (HM Land Registry)
Trustees
- Alastair James Buchanan McGrigor
- Dr Malcolm Austin Rogers
- HELEN MUNRO
- Mark Lincoln Chambers
- Michael Shane Neal
- Sandra Lee Murzyn
- Tushar Kisan Sabale
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £170k | £173k |
| 31/12/2023 | £86k | £101k |
| 31/03/2023 | £77k | £132k |
| 31/03/2022 | £103k | £85k |
| 31/03/2021 | £89k | £90k |
Common questions
Is TUDOR HOUSE BROADWAY TRUST financially healthy?
Per its FY2024 accounts: The charity reported a net deficit of £2,990 for the year, reducing its total unrestricted reserves to £228,895. The trustees maintain a reserves policy target of six months' expenditure to ensure operational sustainability. Despite the deficit, the trustees confirmed the accounts are prepared on a going concern basis, citing adequate resources and mitigation measures. Its FY2024 accounts were independently examined.