ST MATTHEWS BIG LOCAL (LEICESTER)
Latest income
£266k
Latest spending
£246k
Registered
2016
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted net current assets increased to £145,315, exceeding the trustees' policy target of £20,000. The charity reports no material uncertainties regarding its ability to continue as a going concern, supported by a significant cash balance and extended funding from its primary grantor.
What the accounts disclose
Reserves policy: 3 and 6 months of resources expended, which equates to £20,000 in general funds (held: £145k)
“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (free reserves) held by the charity should be between 3 and 6 months of resources expended, which equates to £20,000 in general funds.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- LEE NICHOLLSchair
- Adnan Wadud
- Ali Adnan
- Amina Gharda
- Aysha Karolia
- Dr Mokhtar Elareshi
- Imran Dedat
- Nicky Whitehead
- Rebecca Ferguson
- Saima Shah
- Sarah Whitmore
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £266k | £246k |
| 31/08/2024 | £256k | £218k |
| 31/08/2023 | £223k | £213k |
| 31/08/2022 | £193k | £221k |
| 31/08/2021 | £197k | £205k |
Common questions
Is ST MATTHEWS BIG LOCAL (LEICESTER) financially healthy?
The accounts state that unrestricted net current assets increased to £145,315, exceeding the trustees' policy target of £20,000. The charity reports no material uncertainties regarding its ability to continue as a going concern, supported by a significant cash balance and extended funding from its primary grantor. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SEPULCHRE CAMBRIDGE | 1 | £31k |
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