BROUGHTON COMMUNITY AND SPORTS ASSOCIATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £6,354 for the period ended 31 December 2023, with total income of £114,033 against total expenditure of £107,679. The trustees consider the charity to be a going concern, noting that the Charitable Incorporated Organisation structure provides limited liability for the trustees. The charity is currently reviewing its reserves policy with a future aim of holding six months of running costs in unrestricted funds.
What the accounts disclose
“The trustees are looking at their reserves policy and hope to have 6 months running cost reserve of unrestricted funds in the future.” — page 10
“Phoenix Accountancy and Business Consultancy is a trading subsidiary of VISION (Voluntary Infrastructure Support Involving Organisations and Networks) CIO.” — page 20
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Sean Clixbychair
- ANN WOOD
- Martyn Anthony Harrison
- NEIL SIMPSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £647k | £168k |
| 31/12/2023 | £114k | £108k |
| 31/12/2022 | £28k | £27k |
| 31/12/2021 | £29k | £20k |
| 31/12/2020 | £32k | £22k |
Common questions
Is BROUGHTON COMMUNITY AND SPORTS ASSOCIATION financially healthy?
The accounts state that the charity reported a surplus of £6,354 for the period ended 31 December 2023, with total income of £114,033 against total expenditure of £107,679. The trustees consider the charity to be a going concern, noting that the Charitable Incorporated Organisation structure provides limited liability for the trustees. The charity is currently reviewing its reserves policy with a future aim of holding six months of running costs in unrestricted funds. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £534k |
| THE EVAN CORNISH FOUNDATION | 1 | £200k |
| THE FOYLE FOUNDATION | 1 | £200k |
| The Cranswick Charitable Trust | 1 | £4k |