MIDSTREAM (WEST LANCS) LTD
The activity of the Charity is to provide employment opportunities and to promote the advancement of education in particular, amongst young people and adults with learning difficulties, physical disabilities or other special need. By the provision of such training facilities the company will enable such persons to acquire and develop vocational skills which will enhance their employment prospects
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £5,283,962, exceeding the stated policy target of three months' expenditure. The net incoming resources for the year were £314,715, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to a minimum of at least three months expenditure.” — page 6
“Expenses totalling £1,603 (2024: £982) were paid to the trustees in the year.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Peter Anthony Athertonchair
- Deborah Anne Beatrice Morton
- Lorraine Jones
- ROBERT JOHNSTONE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £2.5m |
| 31/03/2024 | £2.4m | £2.2m |
| 31/03/2023 | £2.1m | £1.9m |
| 31/03/2022 | £1.9m | £1.7m |
| 31/03/2021 | £2.1m | £1.6m |
Common questions
Is MIDSTREAM (WEST LANCS) LTD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £5,283,962, exceeding the stated policy target of three months' expenditure. The net incoming resources for the year were £314,715, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by JS. Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FIDELITY UK FOUNDATION | 1 | £148k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £30k |
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £3k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £3k |
| THE AMELIA CHADWICK TRUST | 1 | £2k |
| THE GRIMMITT TRUST | 1 | £2k |
Charities like this
- MIDLAND MENCAP
- MID WARWICKSHIRE SOCIETY FOR MENTALLY HANDICAPPED CHILDREN AND ADULTS
- MIDLANDS WOMEN'S AID
- MERSEYSIDE YOUTH ASSOCIATION LIMITED
- MIDDLE WAY TRUST
- MIDLANDS BUDDHIST ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MIDSTREAM (WEST LANCS) LTD | £2.8m | — | — | above | — | no doubt |
| MIDLAND MENCAP | £10.8m | £100,001 - £110,000 | 2 | above | — | no doubt |
| MID WARWICKSHIRE SOCIETY FOR MENTALLY HANDICAPPED CHILDREN AND ADULTS | £1.6m | — | 0 | above | — | no doubt |
| MIDLANDS WOMEN'S AID | £419k | — | 0 | above | — | noted |
| MERSEYSIDE YOUTH ASSOCIATION LIMITED | £5.1m | £70,001 - £80,000 | — | above | — | no doubt |
| MIDDLE WAY TRUST | £111k | — | 0 | unclear | — | no doubt |