THE BROOKE HERITAGE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £43,334 for the year, resulting in a decrease in total unrestricted funds from £629,054 to £585,720. Although free reserves were in a deficit of £12,959 against a target of £45,000, the trustees considered the reserves to be in a healthy position due to received pledges from a long-term supporter. The charity has no paid staff and relies on trustee governance and volunteer support.
What the accounts disclose
“The free reserves target is £45,000.”
“During the year, the charity made grants totalling £7,661 (2022: £4,870) to Brooke Museums (The Ranee Museum and the Brooke Gallery), as disclosed in note 6. Trustee Jason Brooke is a director of the Brooke Museums.” — page 20
Trustees
- Benjamin Mok
- Ciara Byrne
- Yih May Ngui
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £136k | £192k |
| 29/02/2024 | £291k | £166k |
| 28/02/2023 | £81k | £124k |
| 28/02/2022 | £112k | £121k |
| 28/02/2021 | £358k | £49k |
Common questions
Is THE BROOKE HERITAGE TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £43,334 for the year, resulting in a decrease in total unrestricted funds from £629,054 to £585,720. Although free reserves were in a deficit of £12,959 against a target of £45,000, the trustees considered the reserves to be in a healthy position due to received pledges from a long-term supporter. The charity has no paid staff and relies on trustee governance and volunteer support. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |