SHIRLEY OLD PEOPLE'S WELFARE COMMITTEE LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity achieved an unrestricted fund surplus of £47,872, increasing its total unrestricted reserves to £409,045. However, the trustees report that free-flowing unrestricted reserves of £158,158 are below the stated policy target range of £214,675 to £234,675. The trustees acknowledge the charity is not currently in a position to achieve its reserves policy but note that the surplus brings them closer to the target.
What the accounts disclose
“Unfortunately, the charity in not in a position where it can achieve this policy at current. However, a surplus in unrestricted funds this year increases our free-flowing unrestricted reserves amount to £158,158 at year end which bring us a step closer to achieving this policy.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (11/11/2015)
Trustees
- Paul Ronald Dyerchair
- Carol Davida McNidder
- EILEEN WARD
- Geoffrey Robert Ward
- Margaret Ann Moss
- Sheelagh Mary Dyer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.0m |
| 31/03/2024 | £924k | £940k |
| 31/03/2023 | £863k | £869k |
| 31/03/2022 | £781k | £750k |
| 31/03/2021 | £760k | £765k |
Common questions
Is SHIRLEY OLD PEOPLE'S WELFARE COMMITTEE LIMITED financially healthy?
The accounts state that the charity achieved an unrestricted fund surplus of £47,872, increasing its total unrestricted reserves to £409,045. However, the trustees report that free-flowing unrestricted reserves of £158,158 are below the stated policy target range of £214,675 to £234,675. The trustees acknowledge the charity is not currently in a position to achieve its reserves policy but note that the surplus brings them closer to the target. Its FY2025 accounts were audited by Locke Williams Associates LLP.