TOUCHSTONE-LEEDS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £36,160 for the year ended 31 March 2025, driven by expenditure exceeding income due to annual pay awards and cost-of-living payments. Per the trustees' report, free reserves stood at £1,741,000, which is below the stated policy target of three months' anticipated expenditure, and the charity is undertaking restructuring to secure its future.
What the accounts disclose
“The Board has assessed that, under current circumstances, the free reserves should be the equivalent of 3 months’ total anticipated expenditure.” — page 15
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Elizabeth Procter
- Gary Gallacher
- JANET MARY REYNOLDS
- Richard Aimufua
- Sally Anderson
- Sam Singh
- Samantha Cheverton
- Shahab Adris
- Stephen Bailey
- Steven Cochrane
- Thomas Stanley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £10.3m | £10.4m |
| 31/03/2024 | £9.9m | £10.2m |
| 31/03/2023 | £9.8m | £9.3m |
| 31/03/2022 | £8.5m | £8.4m |
| 31/03/2021 | £8.0m | £7.6m |
Common questions
Is TOUCHSTONE-LEEDS financially healthy?
The accounts state that the charity reported a deficit of £36,160 for the year ended 31 March 2025, driven by expenditure exceeding income due to annual pay awards and cost-of-living payments. Per the trustees' report, free reserves stood at £1,741,000, which is below the stated policy target of three months' anticipated expenditure, and the charity is undertaking restructuring to secure its future. Its FY2025 accounts were audited by AAB Audit & Accountancy Limited.