TYRESAFE
To support a zero-harm approach to road safety to reduce the number of incidents on our roads as a result of illegal or poorly maintained tyres by empowering road users and partners with the knowledge and resources to bring about a change in tyre safety behaviour.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £13,691 for the year ended 31 December 2024, with total unrestricted funds increasing to £100,320. The trustees maintain that free reserves are at a level equivalent to at least six months' operational expenditure, which they consider adequate for financial stability. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts.
What the accounts disclose
“The Trustees propose to maintain the charity’s free reserves at a level which is at least equivalent to six months' operational expenditure, currently £69.2K.” — page 6
Trustees
- JOHN THRUPP
- Simon Thomas Hiorns
- Tony Crook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £274k | £260k |
| 31/12/2023 | £238k | £275k |
| 31/12/2022 | £285k | £282k |
| 31/12/2021 | £220k | £220k |
| 31/12/2020 | £207k | £145k |
Common questions
Is TYRESAFE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £13,691 for the year ended 31 December 2024, with total unrestricted funds increasing to £100,320. The trustees maintain that free reserves are at a level equivalent to at least six months' operational expenditure, which they consider adequate for financial stability. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts. Its FY2024 accounts were independently examined.