BUNGAY TOWN TRUST CIO
General charitable purposes with surplus income donated to local groups & organisations & the administration of 13 Almshouses for the elderly & in need residents of Bungay and the surrounding area
Financial health, per its FY2025 accounts
The accounts state that the charity holds total assets of £2,252,714 against total liabilities of £268,143, resulting in a net asset position of £1,984,571. The trustees report a policy to maintain reserves at a level considered necessary to meet cash flow requirements, with unrestricted funds totaling £1,470,758. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements.
What the accounts disclose
“It is the trustees policy to maintain reserves at a level it considers necessary to meet cash flow requirements.” — page 3
Property (HM Land Registry)
Register events
- Received assets from another charity (05/09/2017)
Trustees
- Alan John Pearmain
- CHRIS HAND
- CHRIS REEVE
- COLIN ROY HANCY
- Catherine Jane Fuller
- Edward Patrick Gaffney
- Emma Suzanne Beese
- GRAHAM JOHN MAY
- Jacqueline Bell
- Jane Vass
- Jason Alexander Collins
- John Arnold Adams
- Jonathan Robert Howlett
- Keith Parker
- MARY SPRAKE
- MAUREEN DAVIES
- Mary Joan Seamons
- PETER DUNCAN SCOTT
- PETER MORROW
- RICHARD HARRY CUNDY
- Roger Yaxley
- STEPHEN GLENN WENT
- TERRY REEVE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £116k | £73k |
| 31/08/2024 | £217k | £86k |
| 31/08/2023 | £243k | £60k |
| 31/08/2022 | £93k | £62k |
| 31/08/2021 | £89k | £42k |
Common questions
Is BUNGAY TOWN TRUST CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total assets of £2,252,714 against total liabilities of £268,143, resulting in a net asset position of £1,984,571. The trustees report a policy to maintain reserves at a level considered necessary to meet cash flow requirements, with unrestricted funds totaling £1,470,758. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements. Its FY2025 accounts were independently examined.
Charities like this
- BURGHLEY HOUSE PRESERVATION TRUST LIMITED
- ST LAWRENCE'S HOSPITAL CIO
- SHAFTESBURY TRINITY CENTRE TRUST
- THE ASSEMBLY HOUSE TRUST
- ST JOHN'S HOME
- BOURNE UNITED CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BUNGAY TOWN TRUST CIO | £116k | — | 0 | unclear | — | no doubt |
| BURGHLEY HOUSE PRESERVATION TRUST LIMITED | £17.7m | over £60,000 | 10 | unclear | — | no doubt |
| ST LAWRENCE'S HOSPITAL CIO | £170k | — | 0 | below | — | no doubt |
| SHAFTESBURY TRINITY CENTRE TRUST | £103k | — | 0 | unclear | — | no doubt |
| THE ASSEMBLY HOUSE TRUST | £295k | — | 0 | unclear | — | no doubt |
| ST JOHN'S HOME | £2.3m | more than £60,000 | 1 | unclear | — | no doubt |