DROITWICH PRESERVATION TRUST LIMITED
TO STIMULATE PUBLIC INTEREST IN THE PRESERVATION OF ARCHITECTURAL AND OTHER AMENITIES OF THE COUNTY OF WORCESTERSHIRE.
Financial health, per its FY2024 accounts
The accounts state that the Trust made a net surplus of £22,563 for the year ended 31 December 2024, bringing total net assets to £702,827. The Trustees report that unrestricted reserves of £702,827 exceed the stated policy target of maintaining between three and six months' expenditure. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure, as a minimum.” — page 5
Property (HM Land Registry)
Trustees
- PAUL ARTIN KARAKASHIAN Chairmanchair
- Anthony B Archer Hon Treas
- Chas Murray Secretary
- MICHAEL HAYZELDEN
- Malcolm Kenneth John Linney
- RICHARD LESLIE TESH
- Richard Anthony Nicol
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £47k | £24k |
| 31/12/2023 | £33k | £27k |
| 31/12/2022 | £31k | £25k |
| 31/12/2021 | £30k | £57k |
| 31/12/2020 | £25k | £8k |
Common questions
Is DROITWICH PRESERVATION TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the Trust made a net surplus of £22,563 for the year ended 31 December 2024, bringing total net assets to £702,827. The Trustees report that unrestricted reserves of £702,827 exceed the stated policy target of maintaining between three and six months' expenditure. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.