NEEDHAM TRINITY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £39,343, resulting in total net assets of £3,045,613. Free reserves (unrestricted funds less designated funds) were £62,300, which the trustees consider to be above their stated policy target of approximately six months of expenditure. The charity is not registered with the Fundraising Regulator as it does not actively engage in fundraising.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level equating to approximately 6 months of expenditure.” — page 7
Register events
- Received assets from another charity (17/06/2025)
- Received assets from another charity (17/06/2025)
Trustees
- Richard Hobbschair
- Christopher John Phillips
- Dr Shirley Hall
- Elisabeth Helen Every
- Mike Banyard
- Piers Coutts
- Rebecca DENNESS
- Rev Philip Marsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £103k | £77k |
Common questions
Is NEEDHAM TRINITY FOUNDATION financially healthy?
The accounts state that the charity reported a net movement in funds of £39,343, resulting in total net assets of £3,045,613. Free reserves (unrestricted funds less designated funds) were £62,300, which the trustees consider to be above their stated policy target of approximately six months of expenditure. The charity is not registered with the Fundraising Regulator as it does not actively engage in fundraising. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEAULAND LIMITED | 1 | £57k |