THE FLORENCE TURNER TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £306,457, which is below the Trustees' stated policy target of retaining approximately one year's net income (£218,327). The charity reported a net deficit of £21,734 for the year, reducing the available reserve from £328,191 to £306,457. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees’ policy of retaining approximately one year’s net income in the unrestricted funds continues.” — page 5
“Shakespeare Martineau LLP, were engaged by the Trustees during the year for the provision of services totalling £15,027 (2024: £17,630). K Hall is a Trustee of the charity and was a partner in Shakespeare Martineau LLP until 31 December 2024 and then became a consultant with the firm.” — page 18
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £218k | £257k |
| 31/03/2024 | £259k | £247k |
| 31/03/2023 | £226k | £200k |
| 31/03/2022 | £219k | £226k |
| 31/03/2021 | £162k | £158k |
Common questions
Is THE FLORENCE TURNER TRUST financially healthy?
The accounts state that unrestricted reserves stood at £306,457, which is below the Trustees' stated policy target of retaining approximately one year's net income (£218,327). The charity reported a net deficit of £21,734 for the year, reducing the available reserve from £328,191 to £306,457. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by The Rowleys Partnership Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £26k |
| RONTADES LIMITED | 1 | £25k |
| CORAM LIFE EDUCATION | 1 | £20k |
| BEIS KOSOV | 1 | £9k |
| SHAAREI RACHAMIM LIMITED | 1 | £8k |
| KAHAL IMREI CHAIM LIMITED | 1 | £5k |