THE FORGE (BINFIELD HEATH)

Registered charity 1198744 · accounts filings on the Charity Commission register

When ready the building will provide opportunities for activities

Causes: Education/training · Recreation · Get email alerts

Latest income
£28k
Latest spending
£32k
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £4,046 for the year ended 30 April 2025, resulting in unrestricted reserves of £2,402,022. The trustees confirm that free reserves of £950,630 are sufficient to complete the planned property refurbishment, with no material uncertainties regarding the charity's ability to continue. The charity has no employees and relies on trustee governance without any disclosed related-party transactions.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient to complete the property refurbishment (held: £2.4m)
“its policy on reserves is focused on retaining a level of reserves and cash which is sufficient to complete the property refurbishment” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £1.4m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 30/04/2023)

Total income
£2.5m
Total spending
£57k
Reserves (reported)
£2.4m
Employees
0

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income.

Trustees · trustee networks

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

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
30/04/2025£28k£32k
30/04/2024£19k£40k
30/04/2023£2.5m£57k

Common questions

Is THE FORGE (BINFIELD HEATH) financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £4,046 for the year ended 30 April 2025, resulting in unrestricted reserves of £2,402,022. The trustees confirm that free reserves of £950,630 are sufficient to complete the planned property refurbishment, with no material uncertainties regarding the charity's ability to continue. The charity has no employees and relies on trustee governance without any disclosed related-party transactions. Its FY2025 accounts were independently examined.