INDEPENDENT OPTIONS (NORTH WEST)

Registered charity 1022680 · accounts filings on the Charity Commission register · also known as INDEPENDENT OPTIONS, INDEPENDENT OPTIONS (STOCKPORT) LTD, PINES (1990) LIMITED

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Latest income
£5.4m
Latest spending
£5.3m
Registered
1993
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity incurred a deficit of £356,190 for the year ended 31 March 2023, compared to a deficit of £38,291 in the previous year. The trustees consider the level of reserves not invested in fixed assets to be insufficient to meet their stated policy target of three months' salary costs. However, the trustees maintain that the charity has adequate resources to continue as a going concern.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
The Trustees consider that the level of reserves not invested in fixed assets is insufficient to meet the minimum level. — page 6
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Chadwick & Company (Manchester) Limited. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — Independent Options (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£5.4m
Total spending
£5.3m
Reserves (reported)
£820k
Employees
183

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

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Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cheshire East · Derbyshire · Stockport · Tameside

Income and spending

Financial year endIncomeSpending
31/03/2025£5.4m£5.3m
31/03/2024£5.1m£5.5m
31/03/2023£4.6m£4.9m
31/03/2022£4.3m£4.4m
31/03/2021£4.3m£4.2m

Common questions

Is INDEPENDENT OPTIONS (NORTH WEST) financially healthy?

The accounts state that the charity incurred a deficit of £356,190 for the year ended 31 March 2023, compared to a deficit of £38,291 in the previous year. The trustees consider the level of reserves not invested in fixed assets to be insufficient to meet their stated policy target of three months' salary costs. However, the trustees maintain that the charity has adequate resources to continue as a going concern. Its FY2023 accounts were audited by Chadwick & Company (Manchester) Limited.