THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £222,030 at year-end, up from £157,425 in the previous period, supported by a net income surplus of £64,605. The charity's reserves are held as a general purpose fund for long-term commitments, with no stated policy target for comparison. The trustees confirmed the going concern basis is appropriate and no material uncertainties were identified.
What the accounts disclose
“The charity's reserve is a general purpose fund held for the long term commitments and obligations of the Trust to be used when donations paid out exceed incoming resources.” — page 3
Trustees
- STEPHEN JAMES
- SUSAN ROBERTA JAMES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £182k | £118k |
| 31/12/2023 | £200k | £108k |
| 31/12/2022 | £174k | £125k |
| 31/12/2021 | £99k | £105k |
| 31/12/2020 | £109k | £129k |
Common questions
Is THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT financially healthy?
The accounts state that unrestricted reserves increased to £222,030 at year-end, up from £157,425 in the previous period, supported by a net income surplus of £64,605. The charity's reserves are held as a general purpose fund for long-term commitments, with no stated policy target for comparison. The trustees confirmed the going concern basis is appropriate and no material uncertainties were identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAYFAIR CHARITIES LIMITED | 1 | £21k |