THE UK FRIENDS OF SUMBANDILA SCHOLARSHIP TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £44,770 at the end of the financial year, representing a significant increase from the previous year's £246. The trustees report that the charity has positive net assets and sufficient cash to meet all liabilities as they fall due, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
Trustees
- LEIGH BRISTOWchair
- Antoinette Vanderpuije
- Douglas Richard Hoernle
- Emma Vernetti
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £144k | £180k |
| 31/01/2024 | £89k | £46k |
| 31/01/2023 | £45k | £402 |
| 31/01/2022 | £0 | £0 |
Common questions
Is THE UK FRIENDS OF SUMBANDILA SCHOLARSHIP TRUST financially healthy?
The accounts state that the charity held unrestricted reserves of £44,770 at the end of the financial year, representing a significant increase from the previous year's £246. The trustees report that the charity has positive net assets and sufficient cash to meet all liabilities as they fall due, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2023 accounts were independently examined.