BULLETIN OF SPANISH STUDIES
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £77,667 for the year, resulting in a reduction of unrestricted funds from £136,511 to £58,844. The trustees attribute this deficit to temporary staffing increases and centenary event costs, noting that reserves remain sufficient to meet liabilities. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“the trustees will always endeavour to retain in the trust’s bank account a significant proportion of its reserves — perhaps a third of its overall surplus in any calendar year”
Trustees
- Dr David Philip Greenchair
- Ceri Anne Byrne
- Mark Toma
- Professor Ann Logan Mackenzie
- Professor Charles Alex Longhurst
- Professor Lesley Wilson
- Professor Sarah Wright
- Rev. Dr John Andrew McCulloch
- Sarah Beaumont
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £181k | £255k |
| 31/12/2023 | £189k | £267k |
| 31/12/2022 | £390k | £254k |
Common questions
Is BULLETIN OF SPANISH STUDIES financially healthy?
The accounts state that the charity reported a net expenditure of £77,667 for the year, resulting in a reduction of unrestricted funds from £136,511 to £58,844. The trustees attribute this deficit to temporary staffing increases and centenary event costs, noting that reserves remain sufficient to meet liabilities. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.