NEW FOREST BASICS BANK
Financial health, per its FY2025 accounts
The accounts state that net incoming resources were £23k, resulting in total funds carried forward of £498k. The charity maintains a reserves policy targeting six months of forecast running costs, with actual unrestricted reserves after fixed assets reported at approximately £308k. The organization relies on volunteer labor and community donations to deliver its services.
What the accounts disclose
“The Trustees reviewed the minimum target for these reserves in the year and decided to retain it at 6 months of forecast running costs. For the year ending 30 April 2025, the minimum target equates to approximately £120k.” — page 4
Trustees
- Oliver Stanleychair
- Charles Cooke-Hurle
- David Anthony da Cunha
- Douglas James Knight
- Hilary Naida Jane Tudor
- Lynn Diana Peck
- Sarah Richards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2026 | £245k | £220k |
| 30/04/2025 | £264k | £241k |
| 30/04/2024 | £236k | £222k |
| 30/04/2023 | £259k | £213k |
| 30/04/2022 | £207k | £189k |
Common questions
Is NEW FOREST BASICS BANK financially healthy?
The accounts state that net incoming resources were £23k, resulting in total funds carried forward of £498k. The charity maintains a reserves policy targeting six months of forecast running costs, with actual unrestricted reserves after fixed assets reported at approximately £308k. The organization relies on volunteer labor and community donations to deliver its services.
Who funds NEW FOREST BASICS BANK?
Funders whose own accounts filings name NEW FOREST BASICS BANK as a grant recipient include THE BURRY CHARITABLE TRUST, THE VALENTINE CHARITABLE TRUST, THE WYNDHAM CHARITABLE TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH WINCHESTER, PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NORTH STONEHAM AND BASSETT.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 1 | £45k |
| MILLS AND REEVE CHARITABLE TRUST | 1 | £8k |
| NEEDHAM TRINITY FOUNDATION | 1 | £280 |