THE BLACKPOOL FYLDE AND WYRE SOCIETY FOR THE BLIND
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure deficit of £146,313 for the year ended 31 March 2023. The Trustees note that unrestricted free reserves of approximately £1.4 million are not sufficient to cover a full year's expenditure of £1.6 million. Despite this, the Trustees and auditors confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“At present the free reserves are f1.4 million excluding fixed assets and restricted reserves are f1.2 million. The unrestricted free reserves are therefore not sufficient to cover a full years expenditure.” — page 17
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Princess Alexandra Home For The Blind: Good
Trustees
- Beverley Jayne Garrity
- Cynthia Cunnane
- Daniel Pack
- David Wyatt
- Joseph Nathan Bannister
- Pat Lord
- Tracey Evans
- William Smith Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.3m | £2.1m |
| 31/03/2024 | £1.8m | £2.0m |
| 31/03/2023 | £1.7m | £1.7m |
| 31/03/2022 | £1.5m | £1.7m |
| 31/03/2021 | £1.5m | £1.5m |
Common questions
Is THE BLACKPOOL FYLDE AND WYRE SOCIETY FOR THE BLIND financially healthy?
The accounts state that the charity reported a net expenditure deficit of £146,313 for the year ended 31 March 2023. The Trustees note that unrestricted free reserves of approximately £1.4 million are not sufficient to cover a full year's expenditure of £1.6 million. Despite this, the Trustees and auditors confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Champion Accountants LLP.