COLCHESTER UNITED COMMUNITY FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity generated a surplus of £66,605 for the year ended 30 June 2023, with total unrestricted and restricted reserves standing at £657,186. Per the trustees' report, the charity maintains a reserves policy of six months' unrestricted expenditure, and the current unrestricted reserves of £271,535 are above the implied target based on the stated expenditure levels. The trustees confirm there are no material uncertainties regarding the charity's ability to continue in operational existence.
What the accounts disclose
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Anne Turrell
- David Murthwaite
- Linda Gaine
- ROBERT COWLING
- Richard Hunt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.4m | £1.4m |
| 30/06/2024 | £999k | £931k |
| 30/06/2023 | £909k | £842k |
| 30/06/2022 | £776k | £699k |
| 30/06/2021 | £614k | £435k |
Common questions
Is COLCHESTER UNITED COMMUNITY FOUNDATION financially healthy?
The accounts state that the charity generated a surplus of £66,605 for the year ended 30 June 2023, with total unrestricted and restricted reserves standing at £657,186. Per the trustees' report, the charity maintains a reserves policy of six months' unrestricted expenditure, and the current unrestricted reserves of £271,535 are above the implied target based on the stated expenditure levels. The trustees confirm there are no material uncertainties regarding the charity's ability to continue in operational existence. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| THE AMATEURS TRUST | 1 | £90k |