THE BOWER TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted funds of £1,711,132, representing a net asset position that has increased from the previous year. The trustees report an overall surplus for the year and intend to maintain reserves to generate income for future charitable grants. There are no disclosed material uncertainties or risks affecting the charity's ability to continue operating.
What the accounts disclose
“The Trustees will be looking to make charitable grants of circa £40,000 on an annual basis whilst maintaining total reserves levels to provide future income streams from which similar levels of charitable grants can be made on an annual basis.” — page 5
Register events
- Received assets from another charity (16/07/2019)
Trustees
- MRS TINA BENFIELDchair
- JACK CHRISTOPHER BENFIELD
- ROBERT DAVID BENFIELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £154k | £68k |
| 05/04/2024 | £62k | £31k |
| 05/04/2023 | £72k | £33k |
| 05/04/2022 | £44k | £42k |
| 05/04/2021 | £45k | £50k |
Common questions
Is THE BOWER TRUST financially healthy?
The accounts state that the charity holds unrestricted funds of £1,711,132, representing a net asset position that has increased from the previous year. The trustees report an overall surplus for the year and intend to maintain reserves to generate income for future charitable grants. There are no disclosed material uncertainties or risks affecting the charity's ability to continue operating. Its FY2024 accounts were independently examined.