THE FORGE (BINFIELD HEATH)
When ready the building will provide opportunities for activities
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.
What the accounts disclose
“its policy on reserves is focused on retaining a level of reserves and cash which is sufficient to complete the property refurbishment” — page 5
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/04/2023)
Trustees
- STEPHEN PAUL ROLLASONchair
- ROGER MURRAY-LEACH
- Rob Brough Packham
- Sarah Jane Fulton-Urry
- William Ian David Lazarus
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.