BARGATEWOOD TRUST
The charity makes grants to other charities and voluntary bodies. The principal aim is to provide funds for an emergency ambulance service in Barnet, Enfield and Hertfordshire and surrounding areas. Our aim is the advancement of health and to save lives.
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income of GBP 137,326 for the period ended 30 November 2023, resulting in unrestricted funds of the same amount. The trustees confirm that reserves are maintained at a level equivalent to between three and six months' expenditure, which they consider sufficient to continue activities. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Donations and legacies 3 146,004” — page 7
“lt is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Trustees
- Jeremy Mark Ledermanchair
- Jeffrey Zinkin
- Russell Mark Rich
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £316k | £161k |
| 30/11/2023 | £146k | £9k |
Common questions
Is BARGATEWOOD TRUST financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a net income of GBP 137,326 for the period ended 30 November 2023, resulting in unrestricted funds of the same amount. The trustees confirm that reserves are maintained at a level equivalent to between three and six months' expenditure, which they consider sufficient to continue activities. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2023 accounts were independently examined.