What level of reserves should a charity have? This guide sets out a method for analysing your charity’s financial position and developing a robust reserves policy.

You will be able to follow the step-by-step process to formulate your own calculation of the appropriate level of reserves.

Latest version updated July 2015

The content of guides is correct at the time stated above but inevitably legal changes, case law and new financial reporting standards will change. You are therefore advised to check any particular actions you plan to take with the appropriate authority before committing yourself. No responsibility is accepted by the authors for reliance placed on the content of this guide.