THE LEAGUE OF FRIENDS OF BROOMFIELD HOSPITAL
Financial health, per its FY2024 accounts
The accounts state that total income for the year ended 31 December 2024 was £461,337, representing a healthy recovery and increase from the prior year's £407,081. However, the charity reported a net income deficit of £19,851, resulting in total unrestricted reserves decreasing from £154,653 to £134,302. Despite the deficit, the trustees confirm that unrestricted reserves of £134,302 remain well above their stated policy target of £30,000.
What the accounts disclose
“The Friends’ reserves policy is to retain minimum unrestricted funds of £30,000.” — page 6
“During the year P Bennett was paid £4,744 (2023 - £3,956) in respect of bookkeeping services provided to the Charity.” — page 13
“During the year P Bennett was paid £4,744 (2023 - £3,956) in respect of bookkeeping services provided to the Charity.” — page 13
Trustees
- Alison Frances Douglaschair
- Christopher Rodney Vaughan Jones
- David Walker
- JANET ANNE WARN
- Jennifer Gay Gillingham
- Penelope Yvonne Bennett
- carol haensel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £393k | £407k |
| 31/12/2024 | £461k | £481k |
| 31/12/2023 | £407k | £326k |
| 31/12/2022 | £287k | £312k |
| 31/12/2021 | £203k | £166k |
Common questions
Is THE LEAGUE OF FRIENDS OF BROOMFIELD HOSPITAL financially healthy?
The accounts state that total income for the year ended 31 December 2024 was £461,337, representing a healthy recovery and increase from the prior year's £407,081. However, the charity reported a net income deficit of £19,851, resulting in total unrestricted reserves decreasing from £154,653 to £134,302. Despite the deficit, the trustees confirm that unrestricted reserves of £134,302 remain well above their stated policy target of £30,000. Its FY2024 accounts were independently examined.
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