GRENDON AND BILLESLEY NURSERY AND FAMILY CENTRE

Registered charity 1150223 · accounts filings on the Charity Commission register · also known as GBNFC

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Latest income
£2.5m
Latest spending
£2.4m
Registered
2012
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that unrestricted reserves of £551,083 are carried forward, which the trustees consider sufficient to meet their policy target of maintaining three to six months' expenditure. The charity reported a net surplus of £47,291 for the year, driven by a surplus in its Children's Centre operations, although its nursery activities operated at a deficit. The trustees and auditors confirm the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: three and six months' expenditure (held: £551k)
It is the policy of the Charitable company that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months' expenditure. — page 5
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by M T Manley & Co. Limited. Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 30/11/2024)

Total income
£2.5m
Total spending
£2.4m
Reserves (reported)
£348k
Employees
83

Reported reserves equal ~1.7 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

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Trustees

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

Operates in: Birmingham City · Solihull · Worcestershire

Income and spending

Financial year endIncomeSpending
30/11/2024£2.5m£2.4m
30/11/2023£2.1m£2.4m
30/11/2022£2.2m£2.1m
30/11/2021£2.2m£2.1m
30/11/2020£2.2m£1.9m

Common questions

Is GRENDON AND BILLESLEY NURSERY AND FAMILY CENTRE financially healthy?

The accounts state that unrestricted reserves of £551,083 are carried forward, which the trustees consider sufficient to meet their policy target of maintaining three to six months' expenditure. The charity reported a net surplus of £47,291 for the year, driven by a surplus in its Children's Centre operations, although its nursery activities operated at a deficit. The trustees and auditors confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2022 accounts were audited by M T Manley & Co. Limited.