PARTNERSHIPS OVERSEAS NETWORKING TRUST
Financial health, per its FY2024 accounts
The accounts state that total incoming resources were £295,147 against total expenditure of £268,994, resulting in a net surplus of £26,153 for the year. Free/unrestricted reserves stood at £41,151, which is below the stated policy target of covering 6 to 9 months of core expenditures. The charity reported no staff costs and no trustee remuneration during the period.
What the accounts disclose
“The General Fund will hold sufficient assets to cover between 6 and 9 months of these expenditures.” — page 20
“Unincorporated charity, Partnership Overseas networking Trust (Charity Number 1125948)” — page 30
Trustees
- John Maurice Comissiongchair
- Cllr Jayne Brencher
- Dr Gaynor Louise Penrose
- GEOFF LLOYD
- HOWARD ADRIAN SMITH CEng MIET
- Julian Martyn Newton
- KATHRYN RICKARDS
- Marga Linda Quince
- Richard Griffiths
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £321k | £266k |
| 31/03/2024 | £295k | £269k |
| 31/03/2023 | £366k | £387k |
| 31/03/2022 | £479k | £500k |
| 31/03/2021 | £167k | £124k |
Common questions
Is PARTNERSHIPS OVERSEAS NETWORKING TRUST financially healthy?
The accounts state that total incoming resources were £295,147 against total expenditure of £268,994, resulting in a net surplus of £26,153 for the year. Free/unrestricted reserves stood at £41,151, which is below the stated policy target of covering 6 to 9 months of core expenditures. The charity reported no staff costs and no trustee remuneration during the period. Its FY2024 accounts were independently examined.