FLUCK CONVALESCENT FUND
To provide financial grants to women and children (male or female) to the age of 18 considered to be of poor financial means, are sick or convalescing after illness or operative treatment, resident in Gloucester City or neighbourhood previously forming Gloucester Rural District.
Financial health, per its FY2025 accounts
The accounts state that total net assets decreased to £1,765,123 from £1,847,130 in the prior year, driven by a net loss on investments of £77,645 and an excess of expenditure over income of £6,054. The Trustees report that cash flow is satisfactory and the financial position is sound, with unrestricted reserves of £726,750 available to cover ongoing costs. No material uncertainties affecting the charity's ability to continue as a going concern were identified.
What the accounts disclose
“The Investment Funds generated income of £51,882 during the year with refunds from grants of £963.” — page 7
“The Trustees are satisfied that the financial situation is sound and the Reserve Policy has sufficient funds available to cover all ongoing costs outside the Fund’s core activities.”
Trustees
- MARTIN JOHN HENSHAWchair
- ISMAIL GINWALLA MBE
- JEREMY HAMILTON HALLS KECK
- Karen Matthews
- Kate McKenna
- Lara Catherine Gilkes
- Michaela Ifill
- Stacey Karen Locke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £53k | £57k |
| 31/03/2024 | £54k | £71k |
| 31/03/2023 | £55k | £71k |
| 31/03/2022 | £53k | £65k |
| 31/03/2021 | £50k | £63k |
Common questions
Is FLUCK CONVALESCENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that total net assets decreased to £1,765,123 from £1,847,130 in the prior year, driven by a net loss on investments of £77,645 and an excess of expenditure over income of £6,054. The Trustees report that cash flow is satisfactory and the financial position is sound, with unrestricted reserves of £726,750 available to cover ongoing costs. No material uncertainties affecting the charity's ability to continue as a going concern were identified. Its FY2025 accounts were independently examined.