2104 CHARITY FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that free reserves decreased to £3,546 from £25,961 in the prior year, while bank balances fell to £7,214 from £60,468. The charity holds £538,771 in expendable endowment investments which can be released to support activities. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Limited was paid £5,157 (2024: £4,997) for trust administration and cash management services during the year under review. These fees are authorised under clause 6 of the trust deed.”
Trustees
- Gillian Hayes
- Ludlow Trust Company Ltd
- Richard John Hayes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 20/01/2025 | £106k | £131k |
| 20/01/2024 | £19k | £17k |
| 20/01/2023 | £8k | £32k |
| 20/01/2022 | £18k | £18k |
| 20/01/2021 | £1k | £138 |
Common questions
Is 2104 CHARITY FOUNDATION financially healthy?
The accounts state that free reserves decreased to £3,546 from £25,961 in the prior year, while bank balances fell to £7,214 from £60,468. The charity holds £538,771 in expendable endowment investments which can be released to support activities. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.