SHARED SPACE
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income of £33,139 for the year ended 31 December 2023, with total unrestricted funds carried forward of £94,372. The trustees maintain a reserves policy of two months' running costs and have designated £60,000 for the future opening of new training and retail centres. The independent examiner confirmed that no material matters came to their attention regarding the accounts or accounting records.
What the accounts disclose
“the Trustees believe that for 2024 a reserve equivalent to two months' running costs should be maintained.”
Trustees
- Peter Domineychair
- Carolyn Grace Butlin MBE
- RAYMOND HOWARD CRUDGINGTON
- Richard James Renouf
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £151k | £139k |
| 31/12/2023 | £155k | £122k |
| 31/12/2022 | £136k | £120k |
| 31/12/2021 | £134k | £206k |
| 31/12/2020 | £279k | £180k |
Common questions
Is SHARED SPACE financially healthy?
The accounts state that the charity reported a net income of £33,139 for the year ended 31 December 2023, with total unrestricted funds carried forward of £94,372. The trustees maintain a reserves policy of two months' running costs and have designated £60,000 for the future opening of new training and retail centres. The independent examiner confirmed that no material matters came to their attention regarding the accounts or accounting records. Its FY2023 accounts were independently examined.