BERWICK UPON TWEED CORPORATION (FREEMEN) TRUSTEES

Registered charity 222154 · accounts filings on the Charity Commission register

Latest income
£783k
Latest spending
£783k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total funds of £30,562,851, all of which are endowment funds, with no restricted funds remaining at the year-end as surpluses are paid out to beneficiaries. The charity reports a net movement in funds of £587,223, derived from investment gains, while total income and expenditure for the year were both £783,156, resulting in a net surplus before investment gains of £nil. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
There are no restricted funds at the financial year end as all surpluses are paid out to beneficiaries.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kinnair Associates Limited.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£783k
Total spending
£783k
Cost of raising funds
£91k
Reserves (reported)
£0
Employees
1

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northumberland

Income and spending

Financial year endIncomeSpending
31/03/2025£783k£783k
31/03/2024£807k£807k
31/03/2023£698k£698k
31/03/2022£635k£635k
31/03/2021£650k£650k

Common questions

Is BERWICK UPON TWEED CORPORATION (FREEMEN) TRUSTEES financially healthy?

The accounts state that the charity holds total funds of £30,562,851, all of which are endowment funds, with no restricted funds remaining at the year-end as surpluses are paid out to beneficiaries. The charity reports a net movement in funds of £587,223, derived from investment gains, while total income and expenditure for the year were both £783,156, resulting in a net surplus before investment gains of £nil. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Kinnair Associates Limited.

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