THE BRITISH LIMOUSIN CATTLE SOCIETY LIMITED
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £3,100,819, which the trustees consider adequate to support the charity for a two-year period. The charity reported a net income of £16,727 for the year, driven by increased rental and registration income despite higher charitable expenditure. The auditor confirmed the financial statements give a true and fair view with no material uncertainties regarding going concern.
What the accounts disclose
“It is the Council of Management’s opinion that a level of reserves is required to allow the Society to continue for a two-year period” — page 10
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- WILLIAM DAVID DYFAN JAMESchair
- ALAN MYERSCOUGH
- ANDREW JOHN CLARK
- ANDREW MICHEAL EDDY
- Craig Ridley
- Dr Brian McAuley
- GUY GREEN
- James Gammie
- Jonathan Stacey
- Keith Redpath
- Margaret Penny
- Mark Dent
- Michael Gould
- Robert Kirton
- Trevor Shields
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.2m |
| 31/12/2023 | £1.1m | £1.1m |
| 31/12/2022 | £1.1m | £1.2m |
| 31/12/2021 | £1.0m | £985k |
| 31/12/2020 | £999k | £890k |
Common questions
Is THE BRITISH LIMOUSIN CATTLE SOCIETY LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £3,100,819, which the trustees consider adequate to support the charity for a two-year period. The charity reported a net income of £16,727 for the year, driven by increased rental and registration income despite higher charitable expenditure. The auditor confirmed the financial statements give a true and fair view with no material uncertainties regarding going concern. Its FY2024 accounts were audited by TC Group.