THE PEARL EXCHANGE CI0
To act as a resource for young adults living in Cornwall and Devon by providing advice and assistance and organising programmes of creative and educational activities alongside counselling and mental health support.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £15,416 for the year ended 31 March 2025, with total income of £221,508 against total expenditure of £206,092. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by a bank balance of £79,459. However, free unrestricted reserves are held at £2,684, which is below the stated policy target of two months' running costs.
What the accounts disclose
“We currently have £2,684 of free reserves. This figure represents the total unrestricted fund balance of £71,878 less the £69,194 carrying value of fixed assets funded by unrestricted funds.”
Trustees
- Sir William Molesworth-St Aubynchair
- Alice Rosamund Hicks
- Franklin St John Bamford
- Heather Hodge
- Jonathan St John Bamford
- Pollyanna Alice Hughes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £222k | £206k |
| 31/03/2024 | £210k | £144k |
Common questions
Is THE PEARL EXCHANGE CI0 financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £15,416 for the year ended 31 March 2025, with total income of £221,508 against total expenditure of £206,092. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by a bank balance of £79,459. However, free unrestricted reserves are held at £2,684, which is below the stated policy target of two months' running costs. Its FY2025 accounts were independently examined.