BABINGTON'S CHARITY
For the benefit of persons resident in the Parish of Cossington, Leicestershire who are in need, hardship or distress or for further education, or for the general or individual benefit of the inhabitants of the parish.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £740,645 at year-end, which is significantly above the stated policy target of holding a minimum of £11,000 for unexpected property maintenance. The charity reports a strong financial position with no material uncertainties affecting its ability to continue as a going concern.
What the accounts disclose
“We aim to hold a minimum of £11k in reserve for unexpected property maintenance as per our financial policy.” — page 5
Trustees
- Janette Matthewschair
- David Mumford MBE
- Gemma Bushell
- Natalie Hammond
- Richard Plant
- Richard Webb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £53k | £63k |
| 31/12/2023 | £51k | £100k |
| 31/12/2022 | £52k | £39k |
| 31/12/2021 | £47k | £33k |
| 31/12/2020 | £45k | £40k |
Common questions
Is BABINGTON'S CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £740,645 at year-end, which is significantly above the stated policy target of holding a minimum of £11,000 for unexpected property maintenance. The charity reports a strong financial position with no material uncertainties affecting its ability to continue as a going concern. Its FY2024 accounts were independently examined.