INTERACT CHELMSFORD LIMITED
Activities & opportunities to support children & young people with additional needs/disabilities, their families/carers & the wider community. Including training & workshops to improve peoples' emotional, mental health & well-being; friendship, leisure & learning clubs & activities, befriending & peer support; increasing awareness & reducing the stigma associated with disability.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £105,217 for the year ending 31 March 2025, with total income reduced to £235,541. Per the trustees' report, unrestricted reserves of £92,248 are currently sufficient to cover three months of operating costs, but the charity faces a challenging funding climate that may significantly reduce these reserves in the coming year.
What the accounts disclose
“InterAct is dependent on a wide range of funding sources including grant making trusts, statutory agencies and community fundraising.” — page 11
“With total expenditure this year of £340,758, current unrestricted funds of £92,248 represent 3 months of operating costs.”
“We do have some breathing space with our current reserves, but without significant improvement in funding, these reserves will be significantly reduced further during 2025/26.”
“A provision for deficit contributions to the InterAct pension scheme is included within the accounts. The net present value of all future expected deficit contributions as at the year-end amounted to £939.” — page 12
Trustees
- Caroline Clements
- Donal Golden
- HEATHER JEAN MOORE
- Laurence Manley
- Mark Justin Hagon
- Rebecca Wade-Palmer
- Sonal Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £236k | £341k |
| 31/03/2024 | £312k | £342k |
| 31/03/2023 | £377k | £375k |
| 31/03/2022 | £319k | £336k |
| 31/03/2021 | £368k | £307k |
Common questions
Is INTERACT CHELMSFORD LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £105,217 for the year ending 31 March 2025, with total income reduced to £235,541. Per the trustees' report, unrestricted reserves of £92,248 are currently sufficient to cover three months of operating costs, but the charity faces a challenging funding climate that may significantly reduce these reserves in the coming year. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 28/08/2013 | £9k | BActive |
| The National Lottery Heritage Fund | 15/05/2013 | £46k | "Mills, Mortars and Marriage's" |
| The National Lottery Community Fund | 18/01/2006 | £3k | Awareness Campaign |
| The National Lottery Community Fund | 19/10/2005 | £96k | Circles of Support for learning disabled young people |