THE GREAT YARMOUTH RELIEF-IN-NEED TRUST
Providing financial help with essential items to residents in the Great Yarmouth Town limits who are in receipt of benefits and suffer extreme financial hardship.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £107,593, which is significantly above the trustees' stated policy target of £15,000 (representing six months of fixed costs). However, the charity reported a net expenditure of £60 for the year, driven by a £61,301 loss on investments, resulting in a slight decrease in unrestricted reserves from the previous year.
What the accounts disclose
“The main source of income for this Charity is dividend income from money invested on the stock exchange.” — page 5
Trustees
- PATRICIA HOLLISchair
- Cllr. Kerry Robinson-Payne
- Donna Kay Hammond Cllr
- JOHN ALFRED HOLMES
- MICHAEL JEAL
- Patricia Ashbourne
- Paula Ann Levers
- Paula Nardine Waters-Bunn Cllr
- Rev PETER PAINE
- Rev Simon William James Ward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £37k | £37k |
| 31/03/2024 | £36k | £35k |
| 31/03/2023 | £36k | £37k |
| 31/03/2022 | £34k | £4k |
| 31/03/2021 | £34k | £39k |
Common questions
Is THE GREAT YARMOUTH RELIEF-IN-NEED TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £107,593, which is significantly above the trustees' stated policy target of £15,000 (representing six months of fixed costs). However, the charity reported a net expenditure of £60 for the year, driven by a £61,301 loss on investments, resulting in a slight decrease in unrestricted reserves from the previous year. Its FY2025 accounts were independently examined.