HENRY COWTON
Provide assistance to the needy in the Parish of Bridlington
Financial health, per its FY2024 accounts
The accounts state that the charity holds free reserves of £489,030 against total monetary assets of £691,682. The trustees report that reserves are maintained to cover professional advisor and litigation costs arising from ongoing legal issues with a tenant. The charity achieved a net incoming resource surplus of £261,665 for the year, driven significantly by the sale of land.
What the accounts disclose
“The Bridlington Charities does not seek to accrue funds beyond that necessary to operate and fulfil its charitable objectives. As far as possible all reasonable effort will be made to use funds received by the charity fully and in line with the needs of the local population.” — page 5
Trustees
- Anthony Halford
- David Anthony Ridsdale WATSON
- Gillian Eileen Andrews
- HELEN HUGHES
- JUDY BRAMELD
- Pauline May HART
- Penelope Anne CLARKE
- Rev Neil Bowler
- Rev Stephen Dye
- YVONNE KURVITS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £88k | £144k |
| 31/12/2023 | £89k | £107k |
| 31/12/2022 | £88k | £111k |
| 31/12/2021 | £94k | £72k |
| 31/12/2020 | £94k | £82k |
Common questions
Is HENRY COWTON financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds free reserves of £489,030 against total monetary assets of £691,682. The trustees report that reserves are maintained to cover professional advisor and litigation costs arising from ongoing legal issues with a tenant. The charity achieved a net incoming resource surplus of £261,665 for the year, driven significantly by the sale of land. Its FY2024 accounts were independently examined.