Financial Report 2020-2021
Income in primarily derived from grants and increased by 67% to £240,487 (2020: £142.989). At the beginning of the year we had been concerned that the pandemic would reduce our success rate with grant applications, because of competition from an increasing number of worthy causes. In the event of our success rate not only being held up, but we attracted funding from some important new funders, The average amount of each grant is still relatively low, so we continue to rely on a constant flow of successful applications to maintain our cash reserves.
