HARTCLIFFE AND WITHYWOOD VENTURES
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £174,413 for the year ended 31 July 2023, resulting in a decrease in total funds. However, the trustees confirm a strong reserves position with unrestricted funds of £743,317, which exceeds their policy target of four months' anticipated expenditure, providing sufficient unrestricted funds to continue activities.
What the accounts disclose
“The directors and trustees of the charity have established a policy whereby the target free reserves (under normal conditions) should be four months' anticipated expenditure in the following financial year.” — page 8
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- TERESA ANSTEYchair
- April Marie Retter
- CHRISTINA CLEMENTS
- Christopher James Way
- DAVID ROBERT PORTINGALE
- Helen Holland
- Julie Watts
- MARGARET THERESA OWENS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.4m | £1.4m |
| 31/07/2024 | £1.3m | £1.2m |
| 31/07/2023 | £1.2m | £1.4m |
| 31/07/2022 | £1.3m | £1.2m |
| 31/07/2021 | £1.3m | £1.2m |
Common questions
Is HARTCLIFFE AND WITHYWOOD VENTURES financially healthy?
The accounts state that the charity reported a net expenditure of £174,413 for the year ended 31 July 2023, resulting in a decrease in total funds. However, the trustees confirm a strong reserves position with unrestricted funds of £743,317, which exceeds their policy target of four months' anticipated expenditure, providing sufficient unrestricted funds to continue activities. Its FY2023 accounts were audited by Elliott Bunker Limited.