WARWICK RELIEF IN NEED CHARITY
Financial health, per its FY2022 accounts
The accounts state that unrestricted funds totalled £223,082 as of 31 December 2022, which the trustees consider maintains the policy target of three to six months' expenditure. The charity reported a net deficit of £243,631 for the year, largely driven by significant losses on the revaluation of investments and investment properties. Despite this deficit, the trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“it is the policy of the charity that, unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 6
Trustees
- Janet Christine HONNORATYchair
- Amanda Jane Littlejohn
- Cora-Laine Moynihan
- Daniel Philip Browne
- Janette Dawn Eslick
- John Anthony ATKINSON
- Julia Reynolds
- Kathleen Jane Gorman
- Parminder Singh Birdi
- Rev Canon Angus Robert Aagaard
- Rev Linda Jean Duckers
- Sheila Anne BROWN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £209k | £196k |
| 31/12/2023 | £215k | £200k |
| 31/12/2022 | £199k | £215k |
| 31/12/2021 | £185k | £137k |
| 31/12/2020 | £180k | £126k |
Common questions
Is WARWICK RELIEF IN NEED CHARITY financially healthy?
The accounts state that unrestricted funds totalled £223,082 as of 31 December 2022, which the trustees consider maintains the policy target of three to six months' expenditure. The charity reported a net deficit of £243,631 for the year, largely driven by significant losses on the revaluation of investments and investment properties. Despite this deficit, the trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2022 accounts were independently examined.