THE FRANK BOND TRUST LIMITED
operating the Centre where the older generation of Bishop's Hull are able to enjoy a wide range of educational,recreational & other facilities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £3,957 for the year, reducing total reserves from £417,668 to £405,986. However, the trustees note that free/spendable reserves of £44,547 exceed the stated policy target of covering approximately £25,000 in annual operational costs. The charity also holds significant investment funds valued at £238,589, which the trustees consider sufficient to meet ongoing costs if income were significantly reduced.
What the accounts disclose
“It is the charity’s policy to maintain a level of funds in its current account to cover the ongoing operational costs of the Frank Bond Trust which amount to approximately £25,000 per annum.” — page 7
Trustees
- CAROL BULBECKchair
- Alan Gorey
- Brian Emmott
- JANE MARIA GURR
- RAY COURT
- Suzanne Gorey
- Timothy Lacey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £31k |
| 31/03/2024 | £27k | £34k |
| 31/03/2023 | £24k | £33k |
| 31/03/2022 | £30k | £34k |
| 31/03/2021 | £37k | £35k |
Common questions
Is THE FRANK BOND TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £3,957 for the year, reducing total reserves from £417,668 to £405,986. However, the trustees note that free/spendable reserves of £44,547 exceed the stated policy target of covering approximately £25,000 in annual operational costs. The charity also holds significant investment funds valued at £238,589, which the trustees consider sufficient to meet ongoing costs if income were significantly reduced. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/04/2009 | £9k | Construction of Petanque ( Boules) Terrain |