THE BRANCH TRUST, CHIPPING NORTON (CIO)

Registered charity 1191055 · accounts filings on the Charity Commission register · also known as THE BRANCH

Latest income
£985k
Latest spending
£313k
Registered
2020
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that total funds stood at £3,703,888 at the end of the year, comprising unrestricted, designated, and restricted funds. The trustees report that the charity has raised funds in excess of £63.96 million to secure and refurbish a community hub, with the build project noted as being on budget and on time. The financial position is supported by unrestricted funds of £670,900 and designated redevelopment funds of £3,521,567.

What the accounts disclose

Reserves policy: three months of operational expenses (held: £671k)
The reserves policy for the General Fund is to target holding three months of operational expenses in cash or liquid funds, to provide financial security against dips in monthly income. — page 6
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Bronsens.

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

Total income
£985k
Total spending
£313k
Cost of raising funds
£33k
Reserves (reported)
£144k
Employees
8

Reported reserves equal ~5.5 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/12/2024£985k£313k
31/12/2023£1.3m£184k
31/12/2022£2.0m£88k
31/12/2021£2.0m£166k

Common questions

Is THE BRANCH TRUST, CHIPPING NORTON (CIO) financially healthy?

The accounts state that total funds stood at £3,703,888 at the end of the year, comprising unrestricted, designated, and restricted funds. The trustees report that the charity has raised funds in excess of £63.96 million to secure and refurbish a community hub, with the build project noted as being on budget and on time. The financial position is supported by unrestricted funds of £670,900 and designated redevelopment funds of £3,521,567. Its FY2022 accounts were audited by Bronsens.

Who funds THE BRANCH TRUST, CHIPPING NORTON (CIO)?

Funders whose own accounts filings name THE BRANCH TRUST, CHIPPING NORTON (CIO) as a grant recipient include THE MASTER CHARITABLE TRUST, ST MARY'S CHURCH, CHIPPING NORTON, PAROCHIAL CHURCH COUNCIL.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

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

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BUILDING COMMUNITIES TRUSTEE LIMITED.