BUNGAY TOWN TRUST CIO
Financial health, per its FY2023 accounts
The charity holds total assets of £2,046,752 against liabilities of £355,308, resulting in a net asset position of £1,691,444. The trustees maintain a reserves policy to meet cash flow requirements, with unrestricted reserves (General Fund) at £338,198. The organization generated a net incoming resource of £182,557 for the year, indicating financial stability.
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
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?
The charity holds total assets of £2,046,752 against liabilities of £355,308, resulting in a net asset position of £1,691,444. The trustees maintain a reserves policy to meet cash flow requirements, with unrestricted reserves (General Fund) at £338,198. The organization generated a net incoming resource of £182,557 for the year, indicating financial stability. Its FY2023 accounts were independently examined.
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