AGM Board Finance Report and Accounts 2025/26

Report for the financial year ending 31st March 2026.

We had a total income of £96,740 (2025: £91,049). Our expenditure was £106,222 (2025: £132,637).

The result for the year was a deficit for the year of £9,482 (2025: £41,588). We had a surplus brought forward from last period of £82,043 so are left with reserves of £72,561, of which £672 is restricted for specific expenditure.

Although we did not have a surplus this year, our rules state that any profits are applied solely to the continuation and development of the Society.

We carried out a review of Members to check that they still met the requirement of being current moderators of Freegle groups, and this resulted in 6 shares being converted to donations.

The Board members have taken all the steps that they ought to have taken as a Board in order to make themselves aware of any relevant audit information and to establish that the society's independent examiners are aware of that information.

Link to the full accounts: https://drive.google.com/file/d/1xG1hYUel22tTwNKusRIAhFRaNM9j2T6a/view?usp=drive_link