YORK CHILDREN'S TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds totalled £97,224, which is below the trustees' stated policy target of maintaining reserves equivalent to twelve months' expenditure. The trustees consider liquidity not to be a current issue and report adequate resources for the foreseeable future, despite noting global economic uncertainties affecting investment income.
What the accounts disclose
“It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to twelve month’s expenditure.” — page 5
“The trust has no relationships with third parties, although City of York Council receives continuous funding for various children's schemes.” — page 6
Trustees
- ALAN DERRICK WARD
- Anne Clark
- Dr Michael Harran
- KATHY PICKARD
- KEITH HAYTON
- KITTY LAMB
- Kaye Bradley
- LENORE JANET HILL
- LORRAINE KERR
- MARK SESSIONS
- Maggie Soper
- PETER WATSON
- Yvette Bent
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £107k | £130k |
| 31/12/2023 | £112k | £129k |
| 31/12/2022 | £106k | £112k |
| 31/12/2021 | £109k | £105k |
| 31/12/2020 | £88k | £83k |
Common questions
Is YORK CHILDREN'S TRUST financially healthy?
The accounts state that unrestricted funds totalled £97,224, which is below the trustees' stated policy target of maintaining reserves equivalent to twelve months' expenditure. The trustees consider liquidity not to be a current issue and report adequate resources for the foreseeable future, despite noting global economic uncertainties affecting investment income. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE COMPANY OF MERCHANT TAYLORS OF THE CITY OF YORK | 1 | £15k |
| THE GEOFF & FIONA SQUIRE FOUNDATION | 1 | £5k |
| The Cranswick Charitable Trust | 1 | £5k |
| MAY HEARNSHAW CHARITABLE TRUST | 1 | £4k |
| THE EARL FITZWILLIAM CHARITABLE TRUST | 1 | £3k |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | 1 | £2k |
| THE CHARITY OF JANE WRIGHT | 1 | £551 |