SUSSEX EAST AREA QUAKER MEETING
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves, comprising cash and investments, stood at £779,190 at the end of 2022, providing a significant buffer against future risks. The trustees report a surplus for the year and confirm the charity is a going concern, despite facing a contingent liability of approximately £630,000 for the Lewes development project. The financial position is supported by substantial property assets and a reserves policy targeting 4% of insured property values for maintenance.
What the accounts disclose
“The policy is to hold sufficient cash reserves in these funds to cover twelve months expenditure.”
Register events
- Received assets from another charity (27/04/2020)
Trustees
- Aileen Sheila Grist
- Alan West
- Alexander Iorwerth Francis
- Dr Tony Biggin
- Jacqueline Serena Jarvis
- Katherine Gibbs
- Patricia Ann Sear
- Sonia Relf
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £178k | £219k |
| 31/12/2023 | £315k | £799k |
| 31/12/2022 | £214k | £143k |
| 31/12/2021 | £131k | £65k |
| 31/12/2020 | £99k | £83k |
Common questions
Is SUSSEX EAST AREA QUAKER MEETING financially healthy?
The accounts state that unrestricted reserves, comprising cash and investments, stood at £779,190 at the end of 2022, providing a significant buffer against future risks. The trustees report a surplus for the year and confirm the charity is a going concern, despite facing a contingent liability of approximately £630,000 for the Lewes development project. The financial position is supported by substantial property assets and a reserves policy targeting 4% of insured property values for maintenance. Its FY2022 accounts were independently examined.
Who funds SUSSEX EAST AREA QUAKER MEETING?
Funders whose own accounts filings name SUSSEX EAST AREA QUAKER MEETING as a grant recipient include THE GEORGE CADBURY TRUST (EDWARD CADBURY SECTION), THE IAN ASKEW CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE GEORGE CADBURY TRUST (EDWARD CADBURY SECTION) | FY2023 | £6k |
| THE IAN ASKEW CHARITABLE TRUST | FY2024 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SCURRAH WAINWRIGHT CHARITY | 1 | £5k |
| LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING | 1 | £200 |
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