FRIMLEY FUEL ALLOTMENTS CIO
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net movement in funds of £(73,443) for the year, driven by a loss on investments, though unrestricted funds increased to £705,264. The trustees note that the volume of grant applications has returned to pre-pandemic levels and that the charity holds one year's average income in reserves to meet financial needs. The charity remains dependent on the revenues of its major lessee, Pine Ridge Golf Centre, for most of its income.
What the accounts disclose
“One year's average income is held in reserves in order to meet the financial needs of the charity.” — page 4
Register events
- Received assets from another charity (08/04/2021)
- Received assets from another charity (26/02/2016)
Trustees
- CLIFF BETTON
- Damon Cary Walker
- David Parker
- James Withers
- MARY GERTRUDE KEYS
- MARYANN THOMSON
- MICHAEL GEDDES PATERSON OBE
- Mary Jane Glauert
- Murray Chesterton Rowlands
- Richard Brignall
- Robert William Lee
- Rodney Bates
- SIMON RICHARD STRACHAN
- Salma Jane Sams
- Shaun Garrett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £266k | £266k |
| 31/12/2023 | £247k | £233k |
| 31/12/2022 | £248k | £173k |
| 31/12/2021 | £222k | £215k |
| 31/12/2020 | £242k | £131k |
Common questions
Is FRIMLEY FUEL ALLOTMENTS CIO financially healthy?
The accounts state that the charity reported a net movement in funds of £(73,443) for the year, driven by a loss on investments, though unrestricted funds increased to £705,264. The trustees note that the volume of grant applications has returned to pre-pandemic levels and that the charity holds one year's average income in reserves to meet financial needs. The charity remains dependent on the revenues of its major lessee, Pine Ridge Golf Centre, for most of its income. Its FY2022 accounts were independently examined.
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