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BETKNOWMORE UK

Registered charity 1190760 · accounts filings on the Charity Commission register

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Latest income
£2.6m
Latest spending
£2.5m
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £300,135, which is below the trustees' stated policy target of three months' operating costs (£360,000). The charity reported a net surplus for the year of £59,824 and holds adequate liquid resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“During the reporting period, four (2023: two) employees received emoluments of more than £60,000.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 4
“During the reporting period, four (2023: two) employees received emoluments of more than £60,000.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £300k)
“Regarding reserves, the Trustees’ aim is to move towards a target of a minimum of three months’ operating costs of £360,000 as unrestricted liquid reserves.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Betknowmore Global Ltd
“The charity is the sole member of its wholly controlled subsidiary, Betknowmore Global Ltd with company registration number 08822099.” — page 45
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Feist Hedgethorne Limited. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.6m
Total spending
£2.5m
Cost of raising funds
£509k
Reserves (reported)
£300k
Employees
36

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£2.6m£2.5m
31/12/2023£1.5m£1.4m
31/12/2022£741k£686k
31/12/2021£644k£584k

Common questions

Is BETKNOWMORE UK financially healthy?

The accounts state that unrestricted reserves stood at £300,135, which is below the trustees' stated policy target of three months' operating costs (£360,000). The charity reported a net surplus for the year of £59,824 and holds adequate liquid resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by Feist Hedgethorne Limited.

What does the highest-paid employee of BETKNOWMORE UK earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 4 employees earned over £60,000.