IT'S IN THE BAG CANCER SUPPORT LTD
Financial health, per its FY2023 accounts
The accounts state that the charity generated a surplus of £64,154 for the year ended 31 December 2023, resulting in total funds of £126,024 carried forward. The trustees report that unrestricted reserves of £126,024 significantly exceed their stated prudent reserve target of around £35,000, providing sufficient funds to sustain planned activities with no material uncertainties regarding going concern.
What the accounts disclose
“The directors therefore believe that a reserve balance of around £35,000 is a prudent level to secure the charity's future.”
Trustees
- RICHARD BULLARDchair
- Dr JEREMY BRAYBROOKE FRCP, PHD
- Joanna Kay Hopkins
- John Francis Garland
- Joseph Hamilton Mathieson
- Joseph Michael Patten
- Richard Francis Pasco
- Ryan Lee Hellings
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £256k | £122k |
| 31/12/2023 | £157k | £93k |
| 31/12/2022 | £77k | £80k |
| 31/12/2021 | £39k | £43k |
| 31/12/2020 | £51k | £40k |
Common questions
Is IT'S IN THE BAG CANCER SUPPORT LTD financially healthy?
The accounts state that the charity generated a surplus of £64,154 for the year ended 31 December 2023, resulting in total funds of £126,024 carried forward. The trustees report that unrestricted reserves of £126,024 significantly exceed their stated prudent reserve target of around £35,000, providing sufficient funds to sustain planned activities with no material uncertainties regarding going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TUFTON CHARITABLE TRUST | 1 | £100k |
| THE WILL CHARITABLE TRUST | 1 | £7k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £5k |
| MRS WINGFIELD'S CHARITABLE TRUST | 1 | £2k |
| COL-RENO LIMITED | 1 | £1k |
| THE W E DUNN TRUST | 1 | £1k |