WOLVERHAMPTON LGBT+
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a surplus of £4,329, increasing its total reserves to £41,686. The unrestricted funds increased to £13,128, while restricted funds decreased to £28,558 due to a deficit in that category. The balance sheet shows current assets of £42,828 against current liabilities of £571, indicating a strong liquidity position.
What the accounts disclose
Trustees
- Ian Vawer
- Karen Wightman
- Kieran Hinton-Simpson
- Lee Allen
- Susan Minett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £149k | £123k |
| 31/03/2024 | £117k | £114k |
| 31/03/2023 | £76k | £56k |
| 31/03/2022 | £34k | £16k |
Common questions
Is WOLVERHAMPTON LGBT+ financially healthy?
The accounts state that the charity ended the year with a surplus of £4,329, increasing its total reserves to £41,686. The unrestricted funds increased to £13,128, while restricted funds decreased to £28,558 due to a deficit in that category. The balance sheet shows current assets of £42,828 against current liabilities of £571, indicating a strong liquidity position. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HARGREAVES FOUNDATION | 1 | £348k |
| THE BARROW CADBURY TRUST | 1 | £7k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £3k |
| THE PENNIES FOUNDATION | 1 | £233 |