WEST GRINSTEAD & DISTRICT PLOUGHING & AGRICULTURAL SOCIETY
Financial health, per its FY2024 accounts
The accounts state that the charity had a cash flow surplus of £84,621 and total unrestricted reserves of £84,771 at the year end. The trustees consider the state of the balance sheet healthy and well-positioned to meet demands in the current economic environment. The charity maintains a reserves policy target of three to six months' expenditure, which it states has been maintained throughout the period.
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 three and six month’s expenditure.” — page 6
Trustees
- John Michael Fordchair
- Chatan Arvind Modi
- Diane Elizabeth Verrall
- Felicity Emma Inez May Sarah Elliott
- Frans de Boer
- Gareth Charles Evans
- Hugh William Passmore
- Rowan Bramston Allan
- Timothy John Bennett
- Trevor Raymond Kensett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £104k | £19k |
Common questions
Is WEST GRINSTEAD & DISTRICT PLOUGHING & AGRICULTURAL SOCIETY financially healthy?
The accounts state that the charity had a cash flow surplus of £84,621 and total unrestricted reserves of £84,771 at the year end. The trustees consider the state of the balance sheet healthy and well-positioned to meet demands in the current economic environment. The charity maintains a reserves policy target of three to six months' expenditure, which it states has been maintained throughout the period. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PRUDENCE TRUST | 1 | £40k |
| THE EARL FITZWILLIAM CHARITABLE TRUST | 1 | £3k |