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

THE CHESTER BLUECOAT CHARITY

Registered charity 1186378 · accounts filings on the Charity Commission register

Tackling the causes of poverty, disadvantage and inequality across the city of Chester and the surrounding area through funding to charitable and community organisations; provision of almshouse accommodation; and by sponsoring educational bursaries. The Charity also provides affordable office space and room hire for Third Sector organisations at its charity hub where it is also based.

Causes: Education/training · Disability · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£573k
Latest spending
£582k
Registered
2019
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a net income movement of £46,312 for the year ended 31 December 2023, resulting in total net assets of £9,273,365. Per the trustees' report, unrestricted funds stood at £8,298,631, and the trustees expressed a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient unrestricted income is generated from unrestricted assets each year to cover annual expenditure for the foreseeable future (held: £8.3m)
“The trustees regularly review the reserve levels of the charity. Whilst most of the charity's reserves are invested in tangible assets and investments, including the endowment funds, the trustees are happy that sufficient unrestricted income is generated from unrestricted assets each year to cover annual expenditure for the foreseeable future.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The charity has a trustee in common with Chester Aid to the Homeless and therefore, transactions with this entity are considered related party transactions. During the financial year, the charity received amounts of £11,565 (2022: £10,212) from Chester Aid to the Homeless for rental services.
“The charity has a trustee in common with Chester Aid to the Homeless and therefore, transactions with this entity are considered related party transactions. During the financial year, the charity received amounts of £11,565 (2022: £10,212) from Chester Aid to the Homeless for rental services.” — page 27
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Champion Accountants LLP. Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · linkedin

Structured financials (annual return, FY ending 30/12/2024)

Total income
£573k
Total spending
£582k
Cost of raising funds
£6k
Reserves (reported)
£607k
Employees
6

Reported reserves equal ~12.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (64% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Cheshire West & Chester

Income and spending

Financial year endIncomeSpending
30/12/2024£573k£582k
30/12/2023£551k£549k
30/12/2022£0£0
30/12/2021£0£0
30/12/2020£0£0

Common questions

Is THE CHESTER BLUECOAT CHARITY financially healthy?

Per its FY2023 accounts: The accounts state that the charity generated a net income movement of £46,312 for the year ended 31 December 2023, resulting in total net assets of £9,273,365. Per the trustees' report, unrestricted funds stood at £8,298,631, and the trustees expressed a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Champion Accountants LLP.

Who funds THE CHESTER BLUECOAT CHARITY?

Funders whose own accounts filings name THE CHESTER BLUECOAT CHARITY as a grant recipient include Cheshire West Voluntary Action.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
Cheshire West Voluntary ActionFY2022£7k