FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
The principal aim of the Charity is to ensure the maintenance of specific parks and recreation grounds so that the residents of Folkestone and Sandgate can use them for leisure pursuits and to enjoy the benefits of open spaces in an urban area.
Financial health, per its FY2025 accounts
The accounts state that the charity finished the year with a surplus of £10,000, bringing total reserves to £5,658,000, of which £2,705,000 are restricted and £118,000 are endowment funds. Per the trustees' report, the charity's net revenue expenditure is fully financed by Folkestone & Hythe District Council, resulting in no separate balances for general contingencies or cash flow management. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- FOLKESTONE & HYTHE DISTRICT COUNCIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.4m |
| 31/03/2024 | £1.2m | £1.2m |
| 31/03/2023 | £924k | £907k |
| 31/03/2022 | £923k | £833k |
| 31/03/2021 | £740k | £771k |
Common questions
Is FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity finished the year with a surplus of £10,000, bringing total reserves to £5,658,000, of which £2,705,000 are restricted and £118,000 are endowment funds. Per the trustees' report, the charity's net revenue expenditure is fully financed by Folkestone & Hythe District Council, resulting in no separate balances for general contingencies or cash flow management. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Begbies Chartered Accountants.
Charities like this
- FOLKESTONE MUNICIPAL CHARITY
- WILLIAM WALTER HINDE FOR OPEN SPACE
- KING GEORGE'S FIELD
- MILTON COMMUNITY CENTRE AND RECREATION GROUNDS
- WEST HAM PARK
- MOSELEY PARK AND POOL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY | £1.3m | — | 0 | unclear | — | no doubt |
| FOLKESTONE MUNICIPAL CHARITY | £157k | — | 0 | unclear | — | no doubt |
| WILLIAM WALTER HINDE FOR OPEN SPACE | £154k | — | 0 | below | — | no doubt |
| KING GEORGE'S FIELD | £288k | Under £50,000 | 0 | unclear | — | no doubt |
| MILTON COMMUNITY CENTRE AND RECREATION GROUNDS | £136k | — | 0 | above | — | no doubt |
| WEST HAM PARK | £1.7m | — | 0 | below | — | no doubt |