2BU SOMERSET
Registered charity 1198300 · accounts filings on the Charity Commission register · also known as 2BU SOMERSET CIC
2BU-Somerset provides a specialist support service serving the needs of young lesbian, gay, bisexual, transgender and questioning people across Somerset.
Causes: Education/training · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £22,960 for the year ended 31 March 2025, with total net assets increasing to £131,284. Per the trustees' report, unrestricted reserves of £102,228 were held, which the charity confirms meets its stated policy of maintaining six months of running costs. The charity reports no material uncertainties regarding its ability to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: six months of unrestricted expenditure (held: £102k)
“The charities best practise aim is to keep a minimum of 6 months running costs for both restricted and unrestricted costs in liquid cash unrestricted reserves.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Public fundraising profile: JustGiving — 2BU Somerset (matched by registered charity number).
Public profiles (found on the charity’s own website): facebook · instagram
Register events
- Received assets from another charity (06/02/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Mx Tyler Wildmanchair
- Jem Gibson
- Philip Millard
- Sarah Louise Tudor
Trustee list from the Charity Commission register (current, not historical).
Operates in: Somerset
Income and spending
Common questions
Is 2BU SOMERSET financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £22,960 for the year ended 31 March 2025, with total net assets increasing to £131,284. Per the trustees' report, unrestricted reserves of £102,228 were held, which the charity confirms meets its stated policy of maintaining six months of running costs. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with DIMENSIONS SOMERSET SEV LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.