BISON IN THE COMMUNITY
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £5,743,943 at the end of the year, which is above the stated policy target of two to three months' expenditure. However, the trustees report notes that a significant payment for reparation costs is anticipated, with £4.2m already transferred to a designated dilapidations fund, and the charity is exploring options for a long-term agreement due to the short-term nature of its facility licences.
What the accounts disclose
“Included in note 11 Exceptional costs is £1,293,810 charged by PI Property Leisure Ltd and £249,975 charged by The Ice Rink Company Ltd for the use of Intellectual property.” — page 29
“H. Rhodes is a director of KCO Inline Skating Limited but does not receive any remuneration from that company.”
“Included in note 11 Exceptional costs is £1,293,810 charged by PI Property Leisure Ltd and £249,975 charged by The Ice Rink Company Ltd for the use of Intellectual property.” — page 29
“H. Rhodes is a director of KCO Inline Skating Limited but does not receive any remuneration from that company.”
Charity Commission inquiry
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £11.7m | £11.7m |
| 31/12/2023 | £12.2m | £10.6m |
| 31/12/2022 | £11.5m | £9.0m |
| 31/12/2021 | £6.1m | £4.5m |
| 31/12/2020 | £1.5m | £1.5m |
Common questions
Is BISON IN THE COMMUNITY financially healthy?
The accounts state that unrestricted reserves stood at £5,743,943 at the end of the year, which is above the stated policy target of two to three months' expenditure. However, the trustees report notes that a significant payment for reparation costs is anticipated, with £4.2m already transferred to a designated dilapidations fund, and the charity is exploring options for a long-term agreement due to the short-term nature of its facility licences. Its FY2024 accounts were audited by Kinnaird Hill.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £534k |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | 1 | £20k |
| United by 2022 Charity | 1 | £20k |
| THE HADFIELD CHARITABLE TRUST | 1 | £3k |
| CBRE UK CHARITABLE TRUST | 1 | £250 |