BOWLES ROCKS TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £176,848 for the year ended 31 March 2025, with total income increasing to £1,989,483. Per the trustees' report, the charity maintains strong cash reserves of £1.4 million and unrestricted free reserves of £963,249, which exceed the stated policy target of three months' salary costs. The trustees confirm there are no material uncertainties related to going concern.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to three months of salaries costs” — page 11
“Two dependents of the Director of the Centre were paid a total sum of £6,868 for paid work during the year” — page 32
“Trustees made donations amounting to £120 (2024: £120) to the charity during the year.” — page 32
“Two dependents of the Director of the Centre were paid a total sum of £6,868 for paid work during the year” — page 32
“Trustees made donations amounting to £120 (2024: £120) to the charity during the year.” — page 32
“The Bowles Organisation Limited is a wholly owned subsidiary of Bowles Rocks Trust Limited.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PETER WILSONchair
- Catherine Gallagher
- James Holden
- MICHAEL BRADSHAW
- Melanie Karunaratne
- ROSALIND JOAN GRACE STOKELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £1.8m |
| 31/03/2024 | £1.8m | £1.7m |
| 31/03/2023 | £1.6m | £1.5m |
| 31/03/2022 | £1.4m | £1.3m |
| 31/03/2021 | £1.1m | £1.0m |
Common questions
Is BOWLES ROCKS TRUST LIMITED financially healthy?
The accounts state that the charity achieved a net surplus of £176,848 for the year ended 31 March 2025, with total income increasing to £1,989,483. Per the trustees' report, the charity maintains strong cash reserves of £1.4 million and unrestricted free reserves of £963,249, which exceed the stated policy target of three months' salary costs. The trustees confirm there are no material uncertainties related to going concern. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.