TOWN LANDS
Provision of grants or other assistance to the residents of Needham Market & Barking in Suffolk
Objects
RELIEVING EITHER GENERALLY OR INDIVIDUALLY PERSONS RESIDENT IN THE AREA OF BENEFIT WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES CALCULATED TO REDUCE THE NEED, HARDSHIP OR DISTRESS OF SUCH PERSONS.
Financial health, per its FY2025 accounts
The accounts state that the charities reported a net expenditure of £23,570 for the year, driven by increased charitable spending and investment losses. However, the trustees confirm that sufficient funds are available to meet current obligations and that the charities are in a strong financial position with total funds of £4,062,803.
What the accounts disclose
“Incoming resources £52,830 (2024: £53,983) includes investment income £48,877 (2024: £48,670).” — page 5
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Stephen Andrew Phillipschair
- Clive Martin Walker
- David George Bishop
- Jean Rosemary Annis
- Maria Fiona Dalby
- Rev Tracey Louise James
- Shaun Gareth Cochrane
- Susan Denise Osborn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £45k | £61k |
| 31/03/2024 | £42k | £36k |
| 31/03/2023 | £38k | £41k |
| 31/03/2022 | £33k | £33k |
| 31/03/2021 | £34k | £26k |
Common questions
Is TOWN LANDS financially healthy?
Per its FY2025 accounts: The accounts state that the charities reported a net expenditure of £23,570 for the year, driven by increased charitable spending and investment losses. However, the trustees confirm that sufficient funds are available to meet current obligations and that the charities are in a strong financial position with total funds of £4,062,803. Its FY2025 accounts were independently examined.