NORTHUMBRIA AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

Registered charity 1195588 · accounts filings on the Charity Commission register

Religious Society of Friends

Causes: Religious Activities · website · Get email alerts

Latest income
£232k
Latest spending
£200k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted reserves of £2,449,454, which is in excess of its stated policy target of 18 months of general expenditure. However, the trustees report that planned capital expenditure on property redevelopments is expected to markedly reduce these reserves by the end of 2026, and the charity has run at a financial deficit over the past four years when excluding investment and legacy income.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 18 months general expenditure (held: £2.4m)
The Trustees Reserves Policy is to hold 18 months general expenditure.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Durham · Gateshead · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
31/12/2024£232k£200k
31/12/2023£186k£154k
31/12/2022£142k£170k

Common questions

Is NORTHUMBRIA AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN financially healthy?

Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £2,449,454, which is in excess of its stated policy target of 18 months of general expenditure. However, the trustees report that planned capital expenditure on property redevelopments is expected to markedly reduce these reserves by the end of 2026, and the charity has run at a financial deficit over the past four years when excluding investment and legacy income. Its FY2024 accounts were independently examined.