Annual Reports

A Summary of our 2009 annual report

Loans – loans to charities, community groups and social enterprises grew by 30.9% in 2008, an achievement in challenging times.  This means that 61.5% of our balance sheet has been used directly to further our core mission.

Deposits – our deposit base continues to grow well and has increased by 25.5% in the past year, illustrating the increasing desire for financial products that are socially useful as well as financially stable.

Capital – we received £2m, the last instalment of our capital grant from Yorkshire Forward, as well as £1m from Cylch, Wales’ Community Recycling Network, which will be supplemented by an additional £1m in 2010.

Income and Expenditure – the net deficit grew this year, as while the balance sheet increased by 22.3%, there was a 30.7% drop in interest income from our surplus funds in the money markets.  Additionally there was a decrease in fees and commissions of 14% and a 7% drop in donations.

Looking forward – using 2009 as a year of consolidation and planning, we have developed a 3-year business plan to boost our capital, grow our balance sheet, diversify our revenues, making us well placed to take advantage of opportunities in the future.

Download a copy of our 2009 Annual Report here. If you require a hard copy of our most recent report, please contact Charity Bank on 01732 774040 or email enquiries@charitybank.org.

Please click below to download a PDF of our annual reviews from the past five years.

Annual Review 2004
Annual Review 2005
Annual Review 2006
Annual Review 2007
Annual Review 2008
Annual Review 2009

Statutory Reports 2009

Our Statutory Accounts from previous years are available from the Charity Commission website.