FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
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?
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.