THE BAYITH TRUST
(1) As an outworking of Christian faith, in the prevention or relief of poverty, by providing vulnerable adults with suitable housing accommodation, training, placements in permitted work, and support for those presenting with one or a range of challenges, including, but not limited to homelessness, addiction, offending behaviour, mental and physical health conditions, initially in Leicestershire.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £4,355 for the period, resulting in total unrestricted funds of £4,355. The trustees' report indicates a reserves policy to hold three months of running expenses, which suggests the current reserves are below the stated policy target. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The reserves policy is to hold three months of running expenses in reserves.” — page 5
“During the period, one Trustee and his wife received remuneration of £7,514.” — page 12
“During the period, one Trustee and his wife received remuneration of £7,514.” — page 12
Trustees
- Scott Wheatleychair
- BERNADETTE MARY WALLINGTON
- JAMES WILLIAM NICOL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £50k | £46k |
Common questions
Is THE BAYITH TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £4,355 for the period, resulting in total unrestricted funds of £4,355. The trustees' report indicates a reserves policy to hold three months of running expenses, which suggests the current reserves are below the stated policy target. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.