CUMBRIA, NORTHUMBERLAND, TYNE AND WEAR NHS FOUNDATION TRUST CHARITY
Financial health, per its FY2024 accounts
The accounts state that total incoming resources were £149,137 against total expenditure of £298,780, resulting in a net outgoing of £149,643. Despite this deficit, the charity holds unrestricted reserves of £846,000 (presented as £846 in £'000 in the balance sheet, but the text on page 14 states net assets were £873,222; the balance sheet shows Unrestricted Funds of £846,000 and Restricted of £27,000). The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The policy of the Trustee is to spend charitable funds and not allow funds to accumulate. The policy states that fund holders need to balance the interests of present and future beneficiaries of the fund. Expenditure plans should ideally aim to spend a minimum target of 10% of the fund per annum and raise funds equal to 10% of income per annum.” — page 14
“Compensation was paid to the Cumbria, Northumberland Tyne and Wear NHS Foundation Trust of £32,873.10 for key personnel to provide administration and accounting services.”
Trustees
- Northumberland, Tyne and Wear NHS Foundation Trust
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £162k | £259k |
| 31/03/2024 | £150k | £300k |
| 31/03/2023 | £73k | £110k |
| 31/03/2022 | £48k | £151k |
| 31/03/2021 | £330k | £338k |
Common questions
Is CUMBRIA, NORTHUMBERLAND, TYNE AND WEAR NHS FOUNDATION TRUST CHARITY financially healthy?
The accounts state that total incoming resources were £149,137 against total expenditure of £298,780, resulting in a net outgoing of £149,643. Despite this deficit, the charity holds unrestricted reserves of £846,000 (presented as £846 in £'000 in the balance sheet, but the text on page 14 states net assets were £873,222; the balance sheet shows Unrestricted Funds of £846,000 and Restricted of £27,000). The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PENNIES FOUNDATION | 1 | £17k |
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