Charity Accounts Intelreading the accounts so you don’t have to

BELMONT EXETER

Registered charity 1184841 · accounts filings on the Charity Commission register · also known as BELMONT, BELMONT CHAPEL

Latest income
£453k
Latest spending
£512k
Registered
2019
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted net assets stood at £1,099,406, with cash reserves of £272,546. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: three months of contractual costs (held: £273k)
“The Trust shall retain reserves to provide for 3 months contractual costs i.e. salaries and other contractual longterm commitments.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee offerings
“The other related party transaction in the year related to the trustees continued offerings towards the mission at Belmont Chapel. In the year ended 31 December 2023, these totalled £22,810”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/12/2024£453k£512k
31/12/2023£428k£428k
31/12/2022£420k£433k
31/12/2021£413k£434k
31/12/2020£402k£402k

Common questions

Is BELMONT EXETER financially healthy?

The accounts state that unrestricted net assets stood at £1,099,406, with cash reserves of £272,546. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were independently examined.

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