AGM Board Finance Report and Accounts 2025/26

Report for the financial year ending 31st March 2026

The Board Report includes some details about our finances. The summary figures below are the usual format we report each year at the AGM. The link to our full audited accounts is here [[1]]

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.

https://drive.google.com/file/d/1xG1hYUel22tTwNKusRIAhFRaNM9j2T6a/view?usp=drive_link