FRIENDS OF BIRMINGHAM CHILDREN'S TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £153,128 to £60,346 due to a net movement in funds of £92,782, driven by charitable expenditure exceeding incoming resources. The charity maintains a minimum cash reserve policy of £2,500 to cover governance and audit costs, with unrestricted funds standing at £6,238. The trustees confirm the charity is a going concern with adequate resources for the foreseeable future.
What the accounts disclose
“The charity has deemed it needs to maintain a minimum cash reserve to cover the committed costs relating to governance and audit which currently sits at £2,500.” — page 20
Trustees
- Lee Anthony Kenneth Yale-Helmschair
- Ama Agbeze
- Asma Zaid Mohamed Al-Naamani
- Daniel Paul Hickman
- Hamish James Munro
- Joshua Andrew Cronin
- Leigh Garbutt
- Lisa Jamieson
- Shannon Kaylea Grace Cole
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £271k | £364k |
| 31/01/2024 | £492k | £492k |
| 31/01/2023 | £293k | £258k |
Common questions
Is FRIENDS OF BIRMINGHAM CHILDREN'S TRUST financially healthy?
The accounts state that total funds decreased from £153,128 to £60,346 due to a net movement in funds of £92,782, driven by charitable expenditure exceeding incoming resources. The charity maintains a minimum cash reserve policy of £2,500 to cover governance and audit costs, with unrestricted funds standing at £6,238. The trustees confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EDWARD AND DOROTHY CADBURY TRUST | 1 | £3k |
| United by 2022 Charity | 1 | £1k |