P A K S
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves increased to £243,205 in 2023, exceeding the stated policy target of £100,000. The charity reported a net income surplus of £20,354 for the year, funded primarily by contract income from local authorities. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Mr Philip Raymond Tomlinsonchair
- Liam David O'Donohue
- MARGARET MOYLE
- Paul Michael Simpson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.2m |
| 31/03/2024 | £1.3m | £1.2m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £1.1m | £1.0m |
| 31/03/2021 | £1.0m | £1.1m |
Common questions
Is P A K S financially healthy?
The accounts state that unrestricted reserves increased to £243,205 in 2023, exceeding the stated policy target of £100,000. The charity reported a net income surplus of £20,354 for the year, funded primarily by contract income from local authorities. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Armstrongs Accountancy Ltd.