THE SUTTONIAN FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that free reserves stood at £207,242 at the end of the period, significantly exceeding the stated policy target of a working reserve of £5,000. The trustees report no uncertainties regarding the charity's ability to continue as a going concern, noting that financial commitments are only approved when sufficient funds are already held. The charity holds all available funds in easy-access bank accounts and does not aim to hold substantial long-term funds.
What the accounts disclose
“SGSPTA aims to maintain a working reserve of £5,000 at all times.” — page 5
Trustees
- Adam Norman Cole
- Azeem Lalani
- Benjamin Alexis Cloves
- Claire Louise Goodhead
- Mihira Susan Philip
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £207k | £172k |
| 31/03/2024 | £64k | £61k |
| 31/03/2023 | £260k | £275k |
| 31/03/2022 | £161k | £103k |
| 31/03/2021 | £120k | £89k |
Common questions
Is THE SUTTONIAN FOUNDATION financially healthy?
The accounts state that free reserves stood at £207,242 at the end of the period, significantly exceeding the stated policy target of a working reserve of £5,000. The trustees report no uncertainties regarding the charity's ability to continue as a going concern, noting that financial commitments are only approved when sufficient funds are already held. The charity holds all available funds in easy-access bank accounts and does not aim to hold substantial long-term funds. Its FY2022 accounts were independently examined.