NORTH WALSHAM COMMUNITY SHOP
The objects of the Trust are to make grants and to support charities and voluntary organisations that;-help disadvantaged groups in the town and local area to help them meet their needs and participate more fully in society and to promote equality and diversity-help projects and groups improve the public environment to enhance the quality of life for all
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £95,927, which is significantly above the stated policy target of three months' running costs (approx. £1,800). The charity reported a net incoming resource surplus of £8,505 for the year, funded by shop sales and donations, with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“During 2025 the Trust received £1,820 in small donations from local businesses (2024 - £844) and £72,077 from shop sales (2024 - £69,977).” — page 6
“a reserve fund equivalent to 3 month’s running costs (approx. £1,800) has been established and is included within general reserves.”
Trustees
- Diana Velhagen
- JON WITTE
- Juliet Wright
- Katie Alexandra Ellis
- ROBERT WRIGHT
- Shirley Jordan
- Veronica Cooke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £78k | £69k |
| 31/12/2024 | £73k | £63k |
| 31/12/2023 | £66k | £52k |
| 31/12/2022 | £64k | £47k |
| 31/12/2021 | £65k | £48k |
Common questions
Is NORTH WALSHAM COMMUNITY SHOP financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £95,927, which is significantly above the stated policy target of three months' running costs (approx. £1,800). The charity reported a net incoming resource surplus of £8,505 for the year, funded by shop sales and donations, with no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.