THE BRITANNIA ASSOCIATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds amounted to £580,115 at 30 June 2023, which the Trustees believe is an appropriate level to meet current and future needs. The charity reported a net decrease in funds of £130,425 for the year, driven by a net expenditure of £141,890 partially offset by investment gains of £11,465. The Trustees confirmed the charity remains a going concern for the next 12 months and beyond.
What the accounts disclose
Trustees
- Paul Vincent Haltonchair
- Andrew Bray
- Brian Boxall-Hunt
- David Clark
- Graeme Gordon
- MARK DOWIE
- Serena Davis
- Thomas William LEE
- Timothy John Farrow
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £260k | £320k |
| 30/06/2024 | £266k | £307k |
| 30/06/2023 | £263k | £405k |
| 30/06/2022 | £333k | £256k |
| 30/06/2021 | £172k | £202k |
Common questions
Is THE BRITANNIA ASSOCIATION financially healthy?
The accounts state that unrestricted funds amounted to £580,115 at 30 June 2023, which the Trustees believe is an appropriate level to meet current and future needs. The charity reported a net decrease in funds of £130,425 for the year, driven by a net expenditure of £141,890 partially offset by investment gains of £11,465. The Trustees confirmed the charity remains a going concern for the next 12 months and beyond. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ARMED FORCES COVENANT FUND | 1 | £384k |
| THE ADDERSTONE FOUNDATION | 1 | £18k |