THE ROUND SQUARE
Latest income
£2.1m
Latest spending
£2.1m
Registered
1986
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £41,783 for the year, resulting in a decrease in total reserves from £844,495 to £802,712. Per the trustees' report, unrestricted reserves of £404,067 remain above the stated policy target of £314,120, which the trustees consider a prudent position despite the deficit.
What the accounts disclose
Reserves policy: £314,120 (held: £404k)
“The aim of the policy is that Round Square should hold £314,120 in free reserves (unrestricted funds not tied up in fixed assets or designated).” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Rachael Westgarth — Chief Executive
Structured financials (annual return, FY ending 31/07/2025)
Total income
£2.1m
Total spending
£2.1m
Reserves (reported)
£792k
Employees
8
Register events
- Received assets from another charity (26/06/2019)
Trustees
- Alec John O'Connell
- Andrew Hong Truong
- Catherine Donovan
- Dr Sally James
- Innes Van Nostrand
- JOHN O'CONNOR
- Lisa Moloney
- Paul Sandford
- Rebecca Thompson Upham
- Sarah Hayat
- Siddarth Singh Girnar
- Vanita Uppal
- William George Vance
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.1m | £2.1m |
| 31/07/2024 | £1.5m | £1.6m |
| 31/07/2023 | £2.9m | £2.9m |
| 31/07/2022 | £1.1m | £1.1m |
| 31/07/2021 | £1.1m | £997k |
Common questions
Is THE ROUND SQUARE financially healthy?
The accounts state that the charity reported a net expenditure of £41,783 for the year, resulting in a decrease in total reserves from £844,495 to £802,712. Per the trustees' report, unrestricted reserves of £404,067 remain above the stated policy target of £314,120, which the trustees consider a prudent position despite the deficit. Its FY2024 accounts were audited by Villars Hayward LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |