THE GREAT SHELFORD VILLAGE CHARITY
Financial health, per its FY2024 accounts
The accounts state that the charity reported a significant surplus of £3,388,646 for the year ended 31 December 2024, driven largely by a £3,247,713 gain on the revaluation of its tangible fixed assets. Per the trustees' report, total funds stood at £18,809,055, with free reserves calculated at £470,708 after accounting for historic designated funds. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The trustees maintain reserves at a level they deem sufficient for the future of the charity.” — page 5
“No independent valuation of the charity's properties was carried out at 31 December 2023 and no other procedures were available to use to enable us to confirm that the opening valuation on the balance sheet, and accordingly that the fair value movement reported in the year to 31 December 2024, was accurate.” — page 7
“During the year there the Charity received £26 (2023: £26) in allotment fees from one director of the Corporate Trustee and £NIL (2023: £20) in donations from one director of the Corporate Trustee. There were no other related party transactions requiring disclosure (2023: None)” — page 26
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- GSVC Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £446k | £305k |
| 31/12/2023 | £890k | £295k |
| 31/12/2022 | £193k | £174k |
| 31/12/2021 | £766k | £173k |
| 31/12/2020 | £344k | £117k |
Common questions
Is THE GREAT SHELFORD VILLAGE CHARITY financially healthy?
The accounts state that the charity reported a significant surplus of £3,388,646 for the year ended 31 December 2024, driven largely by a £3,247,713 gain on the revaluation of its tangible fixed assets. Per the trustees' report, total funds stood at £18,809,055, with free reserves calculated at £470,708 after accounting for historic designated funds. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by PEM Audit Limited.
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