THE BRADFIELD FEOFFEES CHARITY
Financial health, per its FY2024 accounts
The accounts state that the charity achieved an operating surplus of £46,697 and held free reserves of £286,443 at year-end. Per the trustees' report, these reserves exceed the stated policy target of covering three months of recurring expenses, indicating a strong liquidity position. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Charity aims to maintain sufficient general reserves (Revenue fund assets) to cover three months' worth of recurring expenses together with a liquidity buffer to allow for any unforeseen urgent repair costs to be carried out.” — page 4
Trustees
- Jonathan Mark Casschair
- Cllr Penelope Anne Baker
- DAVID WRAGG
- JOHN BARRAND
- Jane Gregory
- John Graham Leslie Marples
- PATRICIA MAY BANCROFT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £109k | £62k |
| 31/12/2023 | £102k | £81k |
| 31/12/2022 | £97k | £70k |
| 31/12/2021 | £92k | £60k |
| 31/12/2020 | £93k | £61k |
Common questions
Is THE BRADFIELD FEOFFEES CHARITY financially healthy?
The accounts state that the charity achieved an operating surplus of £46,697 and held free reserves of £286,443 at year-end. Per the trustees' report, these reserves exceed the stated policy target of covering three months of recurring expenses, indicating a strong liquidity position. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £370k |