TESTLANDS
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £540,142.60 at the end of the financial year, representing a significant increase from the previous year's £219,960.45. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. The charity was entitled to and granted exemption from audit under the small companies regime.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Samuel House
- Sara Merriman
- Simon John Gale
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.4m |
| 31/12/2023 | £621k | £418k |
| 31/12/2022 | £97k | £82k |
Common questions
Is TESTLANDS financially healthy?
The accounts state that the charity held unrestricted reserves of £540,142.60 at the end of the financial year, representing a significant increase from the previous year's £219,960.45. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. The charity was entitled to and granted exemption from audit under the small companies regime.