THE BYFLEET UNITED CHARITY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus on general funds of £19,760 before investment gains, with total net gains from investments amounting to £175,437. The trustees confirm that ongoing regular income is sufficient to cover future operational needs, noting that free reserves of £8,319,034 significantly exceed their stated policy target of six months' rental income (£150,000).
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (15/04/2018)
Trustees
- ANDREW NIGEL GRIMSHAWchair
- Amanda Boote
- Claude May Heath
- Geoffrey Jones
- Gerard Doogan
- Keith Elford
- Patricia Atkins
- Rebecca Haddow
- Rev Christopher Cozier
- Ronald Davidson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £734k | £572k |
| 31/12/2023 | £574k | £616k |
| 31/12/2022 | £545k | £488k |
| 31/12/2021 | £530k | £707k |
| 31/12/2020 | £532k | £571k |
Common questions
Is THE BYFLEET UNITED CHARITY financially healthy?
The accounts state that the charity reported a net surplus on general funds of £19,760 before investment gains, with total net gains from investments amounting to £175,437. The trustees confirm that ongoing regular income is sufficient to cover future operational needs, noting that free reserves of £8,319,034 significantly exceed their stated policy target of six months' rental income (£150,000). Its FY2023 accounts were audited by Xeinadin Auditing.
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