BOLTON TOGETHER
Financial health, per its FY2024 accounts
The accounts state that total income increased to £1,758,446 from £1,202,360 in the prior year, resulting in a net income of £488,860. Per the trustees' report, unrestricted free reserves stood at £203,919, which is above the stated policy target of £150,000. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Our policy is to have reserves of a minimum of £150,000 to enable the core functions and staff costs not accounted for in restricted funds to be covered for a one-year period.”
Corporate structure
- Registered company of the charity Companies House 08730010
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Beverley Clare Matta
- Dr GILL SMALLWOOD MBE
- Elliot Armstrong
- Emma Hutchinson
- Lindsey Darley
- Martin Needham
- Philip John McFarlane
- Wahab Shahbaz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.5m |
| 31/03/2024 | £1.8m | £1.3m |
| 31/03/2023 | £1.2m | £1.2m |
| 31/03/2022 | £768k | £697k |
| 31/03/2021 | £285k | £280k |
Common questions
Is BOLTON TOGETHER financially healthy?
The accounts state that total income increased to £1,758,446 from £1,202,360 in the prior year, resulting in a net income of £488,860. Per the trustees' report, unrestricted free reserves stood at £203,919, which is above the stated policy target of £150,000. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by SCCA Ltd T/A Stafford & Co..
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £50k |
| UOHC FOUNDATION LTD | 1 | £48k |
| THE ABC TRUST | 1 | £40k |
| NORTH LONDON WELFARE AND EDUCATIONAL FOUNDATION | 1 | £38k |
| LATATE LIMITED | 1 | £30k |
| KEHAL YISROEL D'CHASIDEI GUR | 1 | £26k |
| COMET CHARITIES LTD | 1 | £25k |
| MAYFAIR CHARITIES LIMITED | 1 | £21k |