THE FALCONER TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net loss of £18,498 for the year ended 5th April 2023, compared to a surplus of £34,275 in the previous year. Total incoming resources increased to £227,069, while total expenditure rose to £197,563. The accumulated funds decreased from £67,476 to £101,751 is incorrect; the accumulated funds increased from £67,476 (2022) to £101,751 (2023) despite the loss, indicating a prior year adjustment or error in my reading of the reconciliation. Let's re-read Note 5. 2022 c/fwd was 67,476. 2023 b/fwd is 67,476. Net loss (18,498). 2023 c/fwd is 101,751. Wait. 67,476 - 18,498 = 48,978. The balance sheet says 101,751. There is a discrepancy in the provided text or my calculation. Let's look at the Balance Sheet. 2022 Net Current Assets 67,476. 2023 Net Current Assets 101,751. Note 5: 2022 c/fwd 67,476. 2023 c/fwd 101,751. The math in the document seems inconsistent (67,476 - 18,498 != 101,751). However, I must only extract what is stated. The document states the accumulated funds are £101,751. The narrative should reflect the stated figures. The charity relies on voluntary donations and faces risks regarding incoming resources. The trustees note that the home in Zambia faces major challenges with buildings.
What the accounts disclose
Register events
- Received assets from another charity (11/12/2024)
Trustees
- DENNIS JAMES WEBB
- Duncan Stansfield
- GEOFFREY LEONARD WEBB
- MR TERRY MARTIN
- Susan Stansfield
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £297k | £290k |
| 05/04/2024 | £150k | £183k |
| 05/04/2023 | £227k | £186k |
| 05/04/2022 | £185k | £204k |
| 05/04/2021 | £199k | £147k |
Common questions
Is THE FALCONER TRUST financially healthy?
The accounts state that the charity reported a net loss of £18,498 for the year ended 5th April 2023, compared to a surplus of £34,275 in the previous year. Total incoming resources increased to £227,069, while total expenditure rose to £197,563. The accumulated funds decreased from £67,476 to £101,751 is incorrect; the accumulated funds increased from £67,476 (2022) to £101,751 (2023) despite the loss, indicating a prior year adjustment or error in my reading of the reconciliation. Let's re-read Note 5. 2022 c/fwd was 67,476. 2023 b/fwd is 67,476. Net loss (18,498). 2023 c/fwd is 101,751. Wait. 67,476 - 18,498 = 48,978. The balance sheet says 101,751. There is a discrepancy in the provided text or my calculation. Let's look at the Balance Sheet. 2022 Net Current Assets 67,476. 2023 Net Current Assets 101,751. Note 5: 2022 c/fwd 67,476. 2023 c/fwd 101,751. The math in the document seems inconsistent (67,476 - 18,498 != 101,751). However, I must only extract what is stated. The document states the accumulated funds are £101,751. The narrative should reflect the stated figures. The charity relies on voluntary donations and faces risks regarding incoming resources. The trustees note that the home in Zambia faces major challenges with buildings. Its FY2023 accounts were independently examined.
Who funds THE FALCONER TRUST?
Funders whose own accounts filings name THE FALCONER TRUST as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET, BURNAGE, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST ANDREW GREAT ILFORD, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL GOODMAYES.