HUG IN A BAG
To relieve persons who have or have had Breast Cancer by the provision of support,advice, and gifts containing practical advice and products that improve morale, mood, self esteem and comfort
Financial health, per its FY2025 accounts
The charity reported total incoming resources of £25,357 and total resources expended of £9,117, resulting in a net movement in funds of £16,240. Total unrestricted funds carried forward at the end of the year were £37,110. The independent examiner noted that the charity did not maintain full double-entry bookkeeping in prior periods and was unable to verify opening reserves.
What the accounts disclose
“The charity did not maintain its accounting records in prior periods using a full double-entry bookkeeping system, and no verifiable opening reserves or fund balance were availbale at the start of the year. As a result, I was unable to obtain sufficient appropiate evidence concerning the opening balance brought forward at the beginning of the period.” — page 10
“The charity did not maintain its accounting records in prior periods using a full double-entry bookkeeping system, and no verifiable opening reserves or fund balance were availbale at the start of the year. As a result, I was unable to obtain sufficient appropiate evidence concerning the opening balance brought forward at the beginning of the period.” — page 10
Register events
- Received assets from another charity (15/02/2024)
Trustees
- James Todd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £25k | £9k |
| 31/03/2024 | £16k | £20k |
| 31/03/2023 | £13k | £13k |
| 31/03/2022 | £12k | £15k |
| 31/03/2021 | £3k | £19k |
Common questions
Is HUG IN A BAG financially healthy?
Per its FY2025 accounts: The charity reported total incoming resources of £25,357 and total resources expended of £9,117, resulting in a net movement in funds of £16,240. Total unrestricted funds carried forward at the end of the year were £37,110. The independent examiner noted that the charity did not maintain full double-entry bookkeeping in prior periods and was unable to verify opening reserves. Its FY2025 accounts were independently examined.