FRANCES DARLINGTON CHARITY
The charity provides homes for the elderly in the area of benefice.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £125,566 and free reserves of £39,479 at the end of the year, with a reserves policy aimed at maintaining six months of operating costs. The trustees confirm that the charity is in a strong financial and operational position and that current resources are sufficient to continue as a going concern for the foreseeable future.
What the accounts disclose
“It is maintained to cover 6 months operating costs which is around £5,000. The reserves balance meets policy.”
Trustees
- MALCOLM COOPER STEWARTchair
- DAVID BENNETT
- ELIZABETH ANN LATHAM
- HAROLD HEATON
- JULIE HEATON
- MARGARET ALICE STEWART
- Rev JORDAN McDERMOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £27k | £13k |
| 31/12/2023 | £25k | £16k |
| 31/12/2022 | £22k | £17k |
| 31/12/2021 | £23k | £9k |
| 31/12/2020 | £21k | £10k |
Common questions
Is FRANCES DARLINGTON CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £125,566 and free reserves of £39,479 at the end of the year, with a reserves policy aimed at maintaining six months of operating costs. The trustees confirm that the charity is in a strong financial and operational position and that current resources are sufficient to continue as a going concern for the foreseeable future. Its FY2024 accounts were independently examined.