NORTH EAST THAMES QUAKER TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds total £2,831,617, which the Trustees consider sufficient to meet commitments for at least the next 12 months. The charity reported a net movement in funds of £45,285 for the year, driven by investment gains, despite charitable expenditure exceeding incoming resources. The Trustees maintain a reserves policy of holding unspent income in cash to protect against inflation and ensure availability for use.
What the accounts disclose
“The Trustees have decided to hold unspent accumulated income in interest bearing cash accounts so that this unspent income may be protected against inflation and available for use as required.” — page 7
Register events
- Received assets from another charity (23/11/2021)
Trustees
- BRENDA GERAGHTY
- CATHERINE MARY GREEN
- CHRISTOPHER EVANS
- Dr Peter Maple
- IRENE DAVIES
- Peter Alan Ranken
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £113k | £129k |
| 31/12/2023 | £94k | £136k |
| 31/12/2022 | £91k | £133k |
| 31/12/2021 | £119k | £136k |
| 31/12/2020 | £85k | £108k |
Common questions
Is NORTH EAST THAMES QUAKER TRUST financially healthy?
The accounts state that unrestricted funds total £2,831,617, which the Trustees consider sufficient to meet commitments for at least the next 12 months. The charity reported a net movement in funds of £45,285 for the year, driven by investment gains, despite charitable expenditure exceeding incoming resources. The Trustees maintain a reserves policy of holding unspent income in cash to protect against inflation and ensure availability for use. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WEST WILTSHIRE AND EAST SOMERSET AREA MEETING | 1 | £19k |
| THE KIRBY LAING FOUNDATION | 1 | £10k |
| DR RADCLIFFE'S TRUST | 1 | £4k |
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