We have had a very successful fundraising year and are faced with the pleasant problem of having a potential surplus of £70,000 in this year. (our expenditure will be approx. £950,000). (After 5 years of gradually diminishing deficits starting at approx £50,000 coming down to £8,000 last year.)

We are trying to plan how to spend this surplus but want to know what kind of level of surpluses are considered acceptable to funders and what the impact might be on future fundraising applications of showing a surplus at the end of the year. Does anyone have any opinions, ideas or experience of this?