THE DOUBLE 'O' CHARITY LIMITED
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £44,169 to £16,131 due to a net movement in funds of (28,038). The charity is mainly funded by P D B Townshend and maintains reserves at a level sufficient to cover management costs and respond to grant applications. The trustees confirm adequate resources exist to continue operations 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 sufficient to cover management and administrative costs and to respond to applications for grants which arise from time to time.” — page 4
“The company received donations of £125,000 (2024 - £655,000) from Extended Play Limited, a company in which P D B Townshend is a director.” — page 19
Structured financials (annual return, FY ending 31/05/2024)
Trustees
- PETER DENNIS BLANDFORD TOWNSHEND
- Rachel Townshend
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £133k | £161k |
| 31/05/2024 | £692k | £668k |
| 31/05/2023 | £220k | £230k |
| 31/05/2022 | £189k | £172k |
| 31/05/2021 | £55k | £108k |
Common questions
Is THE DOUBLE 'O' CHARITY LIMITED financially healthy?
The accounts state that unrestricted funds decreased from £44,169 to £16,131 due to a net movement in funds of (28,038). The charity is mainly funded by P D B Townshend and maintains reserves at a level sufficient to cover management costs and respond to grant applications. The trustees confirm adequate resources exist to continue operations for the foreseeable future. Its FY2025 accounts were independently examined.