THE RC SHERRIFF ROSEBRIARS TRUST
Financial health, per its FY2024 accounts
The accounts state that the Trust reported a net outgoing resource deficit of £7,215 for the year, driven by investment management costs of £23,519 which are met from the Endowment Fund rather than the General Fund. Per the trustees' report, the General Fund itself generated a surplus of £11,560, and the Trust maintains a reserves policy target of £50,000, which it considers sufficient to manage fluctuations in investment income and expenditure.
What the accounts disclose
“It was determined that it would be prudent to maintain reserves in a readily realisable form at an average level of £50,000. The trustees consider that maintaining a £50,000 general reserve is sufficient.”
Trustees
- Barry Cheynechair
- ELIZABETH COOPER
- JAMES ARTHUR VICKERS
- Karen Randolph
- Margaret Jean Latter
- SHWETA KAPADIA
- TANNIA SHIPLEY
- Tricia Welch Bland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £168k | £176k |
| 31/12/2023 | £147k | £182k |
| 31/12/2022 | £141k | £168k |
| 31/12/2021 | £157k | £161k |
| 31/12/2020 | £182k | £168k |
Common questions
Is THE RC SHERRIFF ROSEBRIARS TRUST financially healthy?
The accounts state that the Trust reported a net outgoing resource deficit of £7,215 for the year, driven by investment management costs of £23,519 which are met from the Endowment Fund rather than the General Fund. Per the trustees' report, the General Fund itself generated a surplus of £11,560, and the Trust maintains a reserves policy target of £50,000, which it considers sufficient to manage fluctuations in investment income and expenditure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRITISH HEN WELFARE TRUST | 1 | £15k |
| THE HAROLD HYAM WINGATE FOUNDATION | 1 | £4k |