THE ELWYN THOMAS MEMORIAL FUND

Registered charity 1187142 · accounts filings on the Charity Commission register · filing overdue (register status)

Latest income
£156k
Latest spending
£22k
Registered
2019
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £3,267,273, which is below the stated policy target of sufficient cash to meet expenses and distributions within a twelve-month period. The charity reported a net expenditure of £86,721 for the year, resulting in a decrease in total funds from £3,353,994 to £3,267,273.

What the accounts disclose

Reserves policy: sufficient cash reserves to meets its expenses and distributions to potential beneficiaries within a twelve month period (held: £3.3m)
The charity's policy is to have sufficient cash reserves to meets its expenses and distributions to potential beneficiaries within a twelve month period. — page 4
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by PKF Francis Clark.

Structured financials (annual return, FY ending 30/04/2021)

Total income
£550k
Total spending
£503k
Reserves (reported)
£47k
Employees
0

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
30/04/2025
30/04/2024£156k£22k
30/04/2023£62k£87k
30/04/2022£105k£4.0m
30/04/2021£550k£503k

Common questions

Is THE ELWYN THOMAS MEMORIAL FUND financially healthy?

The accounts state that unrestricted reserves stood at £3,267,273, which is below the stated policy target of sufficient cash to meet expenses and distributions within a twelve-month period. The charity reported a net expenditure of £86,721 for the year, resulting in a decrease in total funds from £3,353,994 to £3,267,273. Its FY2023 accounts were audited by PKF Francis Clark.

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