PETPLAN CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net decrease in funds of £121,489 for the 18-month period ended 31 December 2024, resulting in unrestricted free reserves of (£16,999). The deficit is attributed to accounting for multi-year grants in the year of commitment rather than cash outflow, and the trustees confirm the charity remains a going concern with sufficient resources to meet liabilities for at least one year.
What the accounts disclose
“Total reserves as at 31 December 2024 were (£16,898) of which (£16,999) relates to unrestricted free reserves. The deficit arises wholly due to the need to account for multi-year grants in the year in which the commitment is made.” — page 10
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (23/08/2023)
Trustees
- David John Simpsonchair
- Clarissa Mary Baldwin CBE
- GILES EDWARD WEBBER
- Gillian Hosier
- Isabella von Mesterhazy
- Jade Statt
- Jonathan Elliott
- Julian Norton
- Kathryn Willis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.5m |
| 30/06/2023 | £931k | £793k |
Common questions
Is PETPLAN CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net decrease in funds of £121,489 for the 18-month period ended 31 December 2024, resulting in unrestricted free reserves of (£16,999). The deficit is attributed to accounting for multi-year grants in the year of commitment rather than cash outflow, and the trustees confirm the charity remains a going concern with sufficient resources to meet liabilities for at least one year. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |