PLUS (PROVIDENCE LINC UNITED SERVICES)
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net operational deficit of £635,303 for the year ended 31 March 2025, driven by rising costs and wage inflation that outpaced funding increases from local authorities. Despite this deficit, the charity maintained total reserves of £6,601,849, with free reserves of £3,346,168 falling within the trustees' target range of £2,880,000 to £4,800,000. The trustees confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“One employee received emoluments of between £80,001 to £90,000 (2024: 1 employee £90,000 to £100,000).” — page 35
“One employee received emoluments of more than £60,000 (2024: nil).” — page 35
“Based on the analysis above, the trustees have set a weighted target range for free reserves of £2,880,000 to £4,800,000.” — page 16
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Domiciliary Services: Requires improvement
- Elwis House: Good
- Gaywood Street: Good
- Montbelle Road: Good
- Springbank Road: Good
- Holmbury Dene (Respite): Good
Trustees
- David Scott
- Ester Janko Mulcahy
- Gail Emerson
- Jan Keane
- Joan Anim-Addo
- Sarah Clare Broad
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.2m | £7.9m |
| 31/03/2024 | £6.5m | £7.3m |
| 31/03/2023 | £6.0m | £6.5m |
| 31/03/2022 | £5.8m | £5.9m |
| 31/03/2021 | £5.2m | £5.1m |
Common questions
Is PLUS (PROVIDENCE LINC UNITED SERVICES) financially healthy?
The accounts state that the charity reported a net operational deficit of £635,303 for the year ended 31 March 2025, driven by rising costs and wage inflation that outpaced funding increases from local authorities. Despite this deficit, the charity maintained total reserves of £6,601,849, with free reserves of £3,346,168 falling within the trustees' target range of £2,880,000 to £4,800,000. The trustees confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
What does the highest-paid employee of PLUS (PROVIDENCE LINC UNITED SERVICES) earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.