PEAT RIGG CHARITABLE FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted free reserves were £200,078 at the end of the period, which is slightly above the charity's stated policy target of maintaining reserves equivalent to between six and twelve months of expenditure. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between six and twelve month’s expenditure.” — page 5
Trustees
- Alasdair Scott Thorpe
- Alison Featherstone
- DEREK WILLIAM NOBLE
- Ian Robert James Thorpe
- Matthew James Webster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £319k | £100k |
Common questions
Is PEAT RIGG CHARITABLE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted free reserves were £200,078 at the end of the period, which is slightly above the charity's stated policy target of maintaining reserves equivalent to between six and twelve months of expenditure. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. Its FY2024 accounts were independently examined.
Who funds PEAT RIGG CHARITABLE FOUNDATION?
Funders whose own accounts filings name PEAT RIGG CHARITABLE FOUNDATION as a grant recipient include TWO RIDINGS COMMUNITY FOUNDATION, THE JACK BRUNTON CHARITABLE TRUST.
Shared trustees with funders
- DEREK WILLIAM NOBLE — trustee here and at THE JACK BRUNTON CHARITABLE TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| TWO RIDINGS COMMUNITY FOUNDATION | FY2025 | £10k | Quality Education |
| THE JACK BRUNTON CHARITABLE TRUST | FY2025 | £10k |