THE ILCHESTER RELIEF IN NEED AND EDUCATIONAL CHARITY

Registered charity 235578 · accounts filings on the Charity Commission register · also known as IRINEC

The object of the charity is twofold- firstly to provide relief in need generally or individually to persons resident in the parish of Ilchester and secondly in the promotion of education of persons resident in the parish of Ilchester. Persons living in places other than Ilchester will not be considered.

Causes: Education/training · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£66k
Latest spending
£63k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net receipt of £3,418 for the year, increasing its expendable fund balance from £16,871 to £20,289. The permanent endowment fund decreased in market value from £465,600 to £450,600 due to investment sales and market fluctuations. The trustees report that the charity continues to review its risk assessment and policies annually.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/12/2024£66k£63k
31/12/2023£50k£50k
31/12/2022£49k£42k
31/12/2021£47k£57k
31/12/2020£43k£26k

Common questions

Is THE ILCHESTER RELIEF IN NEED AND EDUCATIONAL CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated a net receipt of £3,418 for the year, increasing its expendable fund balance from £16,871 to £20,289. The permanent endowment fund decreased in market value from £465,600 to £450,600 due to investment sales and market fluctuations. The trustees report that the charity continues to review its risk assessment and policies annually. Its FY2024 accounts were independently examined.