PORINGLAND FUEL ALLOTMENT
Awarding grants to individuals, groups or students of the parish of Poringland who can demonstrate need or hardship. We also award post 18 student grants to residents of Poringland to support their studies. We also award annual Winter Fuel Payments to residents who can demonstrate need or hardship.
Objects
THE CHARITY'S OBJECTS ("OBJECTS") ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:FOR THE BENEFIT OF THOSE LIVING IN THE PARISH OF PORINGLAND BY THE PROVISION OF GRANTS TO FURTHER THE FOLLOWING PURPOSES.(1) THE RELIEF OF POVERTY, IN PARTICULAR BY THE PROVISION OF WINTER FUEL PAYMENTS TO THOSE IN NEED.(2) SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The charity reported a net decrease in total funds of £6,929 for the year, driven by an unrealised investment loss of £7,310 which outweighed a net incoming resource surplus of £381 from unrestricted activities. Total funds stood at £696,018, with unrestricted reserves of £30,403 held against a policy target of up to one year of charitable expenditure. The accounts were independently examined with no matters requiring attention drawn to the trustees.
What the accounts disclose
“The Trustees have decided to aim to hold unrestricted reserves sufficient to meet up to one year of charitable expenditure.” — page 4
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Property (HM Land Registry)
Register events
- Received assets from another charity (31/01/2023)
Trustees
- ALISON RANDALLchair
- Andrew Christopher Wright
- Jessie Newby
- Peter Porter
- Rev ROBERT HUGH PARSONAGE
- Susan Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £33k | £33k |
| 31/03/2024 | £32k | £31k |
| 31/03/2023 | £31k | £43k |
| 31/03/2022 | £38k | £51k |
Common questions
Is PORINGLAND FUEL ALLOTMENT financially healthy?
Per its FY2025 accounts: The charity reported a net decrease in total funds of £6,929 for the year, driven by an unrealised investment loss of £7,310 which outweighed a net incoming resource surplus of £381 from unrestricted activities. Total funds stood at £696,018, with unrestricted reserves of £30,403 held against a policy target of up to one year of charitable expenditure. The accounts were independently examined with no matters requiring attention drawn to the trustees. Its FY2025 accounts were independently examined.