BETTY PHILLIPS CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £3,382 for the year ended 31 December 2023, following a deficit in the previous year. Per the trustees' report, unrestricted reserves held at year-end were £51,293, which exceeds the stated policy target of approximately £20,000. The trustees are satisfied that there are no risks to the underlying financial position.
What the accounts disclose
“The Trustees aim to hold unrestricted reserves of approximately £20,000 to cover annual administration costs, and any other unforeseen expenditure.”
“A. Ollerenshaw, Trustee, is a solicitor with Tayntons solicitors in Gloucester. The charity paid fees of £10,200 (2022: £10,540) to Tayntons for legal and professional advice.” — page 10
Trustees
- ANDREW ARTHUR HOLLOWAYchair
- ANDREW MARK JONES
- Andrew John Ollerenshaw
- HELEN ANN WAYMAN
- MISS H L MANSFIELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £116k | £123k |
| 31/12/2023 | £110k | £107k |
| 31/12/2022 | £104k | £119k |
| 31/12/2021 | £117k | £110k |
| 31/12/2020 | £91k | £104k |
Common questions
Is BETTY PHILLIPS CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a surplus of £3,382 for the year ended 31 December 2023, following a deficit in the previous year. Per the trustees' report, unrestricted reserves held at year-end were £51,293, which exceeds the stated policy target of approximately £20,000. The trustees are satisfied that there are no risks to the underlying financial position. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | 1 | £300k |