TRUSTWELL LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net revenue deficit of £818 for the year ended 31 March 2023, with total resources expended of £153,720 against income of £152,902. Per the trustees' report, unrestricted funds stood at £2,056,014, and the trustees confirmed there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which include the free reserves of the charity, at a level which the trustees think appropriate, after considering the future commitments of the charity and the likely costs of the charity for the next year.” — page 4
“The charity holds the entire share capital of Rightscope Limited (Company number 03012478), a company registered in England and Wales.” — page 14
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £162k | £163k |
| 31/03/2024 | £152k | £155k |
| 31/03/2023 | £153k | £154k |
| 31/03/2022 | £115k | £117k |
| 31/03/2021 | £86k | £91k |
Common questions
Is TRUSTWELL LIMITED financially healthy?
The accounts state that the charity reported a net revenue deficit of £818 for the year ended 31 March 2023, with total resources expended of £153,720 against income of £152,902. Per the trustees' report, unrestricted funds stood at £2,056,014, and the trustees confirmed there are no material uncertainties regarding the charity's ability to continue. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| C E K STERN CHARITABLE TRUST | 1 | £35k |
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | 1 | £13k |