BUSHELL HOUSE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £120,093 for the year, resulting in a decrease in total funds from £2,156,897 to £2,036,804. Per the trustees' report, unrestricted reserves of £1,005,148 are below the stated policy target of £1,464,337, though the trustees consider the current level appropriate. The charity remains solvent with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“In their opinion, reserves should be sufficient to ensure that the charity could operate for 12 months in the event that there was an exceptional loss of income. Currently, this amounts to £1,464,337.” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- CHARLES DOUGLAS CAREFOOT
- Christine Flood
- Dr IAN FORRESTER
- Glyn Jackson Davies
- James Fish
- KENNETH JAMES HUDSON
- MICHAEL ANSON
- Rev Gregor Stewart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.5m |
| 31/12/2023 | £1.2m | £1.3m |
| 31/12/2022 | £1.1m | £1.2m |
| 31/12/2021 | £1.0m | £978k |
| 31/12/2020 | £977k | £962k |
Common questions
Is BUSHELL HOUSE financially healthy?
The accounts state that the charity reported a net expenditure of £120,093 for the year, resulting in a decrease in total funds from £2,156,897 to £2,036,804. Per the trustees' report, unrestricted reserves of £1,005,148 are below the stated policy target of £1,464,337, though the trustees consider the current level appropriate. The charity remains solvent with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2024 accounts were audited by MHA.