THE GOWER SOCIETY
Financial health, per its FY2022 accounts
The accounts state that total net assets decreased to £2,986,278 from £3,211,482 in the prior year, primarily due to a loss on fixed asset investments of £294,727. Per the trustees' report, the charity maintains a substantial reserves policy with specific medium-term and long-term targets, and holds £2,730,294 in long-term or medium-term investments. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“During the year, the charity incurred £9,600 (2021 - £11,055) in relation to services provided by the Treasurer.” — page 25
“The charity also paid £756 (2021: £2,104) to Edward Harris Law, a solicitors' firm controlled by E K Harris, trustee.” — page 25
“During the year, the charity incurred £9,600 (2021 - £11,055) in relation to services provided by the Treasurer.” — page 25
“The charity also paid £756 (2021: £2,104) to Edward Harris Law, a solicitors' firm controlled by E K Harris, trustee.” — page 25
Trustees
- Jeannette McLellanchair
- GORDON ROBERT HOWE
- GRUFFYDD ROLANT AP GWENT
- JILL EILEEN BURGESS
- John Vivian Tucker
- Malcolm Ernest Ridge
- Richard Ian Bevan-Jones
- Ruth Ridge
- Thomas Rice Mansel Methuen-Campbell
- Wyn Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £161k | £208k |
| 31/12/2023 | £187k | £128k |
| 31/12/2022 | £212k | £143k |
| 31/12/2021 | £97k | £102k |
| 31/12/2020 | £105k | £98k |
Common questions
Is THE GOWER SOCIETY financially healthy?
The accounts state that total net assets decreased to £2,986,278 from £3,211,482 in the prior year, primarily due to a loss on fixed asset investments of £294,727. Per the trustees' report, the charity maintains a substantial reserves policy with specific medium-term and long-term targets, and holds £2,730,294 in long-term or medium-term investments. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CURE LEUKAEMIA | 1 | £131k |