ADFERIAD RECOVERY LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income of £934,900 for the year ended 31 March 2023, driven by a £609,000 actuarial gain on its pension scheme. The trustees consider the level of unrestricted reserves adequate to cover committed expenditure for three months, in line with their stated policy. The financial statements were prepared on a going concern basis with no material uncertainties identified by the auditors.
What the accounts disclose
“Adferiad Recovery has a controlling interest in the following subsidiaries: CAIS Social Enterprises Limited Wholly owned. Operating as a trading company” — page 103
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Parkland Place Lancashire: Good
Register events
- Received assets from another charity (11/03/2016)
Trustees
- Alison Jane Hourihane
- Clive Edmund Wolfendale
- Dean Pulling
- Dr DYFRIG MORGAN AP DAFYDD
- Dr Sondra Prunella Butterworth
- Howard Jones
- Karen Jayne Ozzati
- Professor Jonathan Brewster Hunt
- ROBERT CLEDWYN WILLIAMS
- Rev Sue Northcott
- Richard Owen
- Samina Khan
- Sharon Barbara Warrington
- Simon Paul Green
- Wyn Thomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27.8m | £27.3m |
| 31/03/2024 | £24.7m | £23.8m |
| 31/03/2023 | £25.3m | £25.0m |
| 31/03/2022 | £28.5m | £22.0m |
| 31/03/2021 | £10.0m | £9.8m |
Common questions
Is ADFERIAD RECOVERY LIMITED financially healthy?
The accounts state that the charity reported a net income of £934,900 for the year ended 31 March 2023, driven by a £609,000 actuarial gain on its pension scheme. The trustees consider the level of unrestricted reserves adequate to cover committed expenditure for three months, in line with their stated policy. The financial statements were prepared on a going concern basis with no material uncertainties identified by the auditors. Its FY2023 accounts were audited by Williams Denton Cyf.