THE MASON BIBBY 1981 TRUST
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds decreased from £3,475,741 to £3,297,521 due to a net expenditure of £178,220. The charity's reserves policy is to maintain underlying reserves by distributing the balance of annual income after expenses to beneficiaries. The trustees confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Trustees
- LINDSAY FRANCES STEADchair
- Mason Bibby 1981 Trust
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £116k | £95k |
| 05/04/2024 | £112k | £93k |
| 05/04/2023 | £136k | £123k |
| 05/04/2022 | £101k | £73k |
| 05/04/2021 | £78k | £75k |
Common questions
Is THE MASON BIBBY 1981 TRUST financially healthy?
The accounts state that total unrestricted funds decreased from £3,475,741 to £3,297,521 due to a net expenditure of £178,220. The charity's reserves policy is to maintain underlying reserves by distributing the balance of annual income after expenses to beneficiaries. The trustees confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by SB&P.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NORFOLK COMMUNITY FOUNDATION | 1 | £20k |