Charity Reserves

What Are Reserves?

Reserves are that part of a charity’s unrestricted funds that is freely available to spend on any of the charity’s purposes. This definition excludes restricted income funds and endowment funds, although holding such funds may influence a charity’s reserves policy. Reserves will also normally exclude tangible fixed assets such as land, buildings and other assets held for the charity’s use. It also excludes amounts designated for essential future spending.

Reserves also exclude funds which have particular restrictions on how they can be used. Trustees should consider for what purpose restricted funds are held and how they are being used in order to identify those resources that are freely available to spend.

You can find out much more about Reserves here

Newsletter Spring 2017

Newsletter Spring 2017

Our Spring Newsletter has arrived, and should be with you very soon.  If you have not received your copy by 27th April 2017, please let us know here, and we will send one out to you as soon as possible.

Read our online version by clicking here