THE 4 BETTER FOUNDATION
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Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £2,257 at the end of the reporting period, a significant decrease from £27,005 in the previous year. The trustees maintain a policy of holding free reserves to cover future needs and contingencies, with no funds currently in deficit. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks. At the end of the reporting period the charity had free reserves of £2,257”
“Ludlow Trust Company Ltd was paid £8,216 (2024: £7,948) for trust administration and cash management fees during the year under review. These fees are authorised under clause 6 of the trust deed.”
Trustees
- Joanna CHIN
- Ludlow Trust Company Ltd
- Philip CHIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 18/07/2025 | £47k | £76k |
| 18/07/2024 | £30k | £38k |
| 18/07/2023 | £20k | £39k |
| 18/07/2022 | £22k | £36k |
| 18/07/2021 | £67k | £73k |
Common questions
Is THE 4 BETTER FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £2,257 at the end of the reporting period, a significant decrease from £27,005 in the previous year. The trustees maintain a policy of holding free reserves to cover future needs and contingencies, with no funds currently in deficit. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.