FRIENDS OF VICTORIA HOSPITAL WIMBORNE
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £5,762,692, significantly exceeding the stated policy target of £100,000. The charity reported a net incoming resource of £813,775 for the year, supported by strong legacy income and trading surpluses, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“The Committee’s policy is to keep funds to a minimum of £100,000 accessible for equipment purchase.” — page 5
“Mr Peter Cadogan £668 (2022: £651) of expenses were reimbursed to Mr Peter Cadogan during the year. Mrs Rae Cotton £379 (2022: £31) of expenses were reimbursed to Mrs Rae Cotton during the year. Mrs June Tripp £20 (2022: £972) of expenses were reimbursed to Mrs June Tripp during the year. Mrs Anne Salter £27 (2022: £203) of expenses were reimbursed to Mrs Anne Salter during the year. Mrs Val Sweetlove £318 (2022: £9) of expenses were reimbursed to Mrs Val Sweetlove during the year.”
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Anne Elizabeth Salterchair
- Dr Colin M Davidson
- Dr DAVID CHARLES POPE
- Dr David Munroe DICKSON
- Jeffery Hart
- Jennifer Leeder
- Lee Charles Hardy OBE
- Linda Hollingbery
- Martin Pate
- Sharon E Powell
- Susan Ann Lockwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £308k | £130k |
| 31/03/2024 | £404k | £1.8m |
| 31/03/2023 | £1.5m | £363k |
| 31/03/2022 | £1.0m | £103k |
| 31/03/2021 | £293k | £73k |
Common questions
Is FRIENDS OF VICTORIA HOSPITAL WIMBORNE financially healthy?
The accounts state that unrestricted reserves stood at £5,762,692, significantly exceeding the stated policy target of £100,000. The charity reported a net incoming resource of £813,775 for the year, supported by strong legacy income and trading surpluses, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Francis Clark LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WHEELER MILL FOUNDATION | 1 | £59k |
| THE PILMUIR ESTATE | 1 | £30k |