AGM Board Finance Report and Accounts 2025/26: Difference between revisions
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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 - | |||
[[category: AGM 2026]] | [[category: AGM 2026]] | ||
[[category: Annual Finance Reports]] | [[category: Annual Finance Reports]] | ||
Revision as of 15:21, 20 August 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 -
