EYRES MONSELL COMMUNITY FOUNDATION
PROJECTS FOR LOCAL PEOPLE TO MEET THEIR NEEDS
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net surplus of £940 for the year, resulting in unrestricted reserves of £12,417. The trustees' policy is not to hold reserves, preferring to use any surplus for future charitable expenditure and creditor payments. The charity secured £95,780 in income, primarily from general donations, against total expenditure of £180,665.
What the accounts disclose
“DURING THE YEAR, THE CHARITY SECURED INCOME OF £95,780 MAINLY BEING GENERAL DONATIONS”
“THE POLICY OF THE TRUSTEES IS NOT TO HOLD ANY RESERVES BUT TO USE ANY SURPLUS OR RESERVES FOR FUTURE CHARITABLE EXPENDITURE AND PAYMENTS TO CREDITORS.”
Property (HM Land Registry)
Trustees
- ZAHIR ISMAIL BUDYchair
- SALIM BHANA
- UTHMAAN BUDY
- ZAKERA ZAHIR BUDY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £96k | £181k |
| 31/12/2023 | £99k | £469k |
| 31/12/2022 | £14k | £9k |
Common questions
Is EYRES MONSELL COMMUNITY FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net surplus of £940 for the year, resulting in unrestricted reserves of £12,417. The trustees' policy is not to hold reserves, preferring to use any surplus for future charitable expenditure and creditor payments. The charity secured £95,780 in income, primarily from general donations, against total expenditure of £180,665. Its FY2024 accounts were independently examined.