Northcare Charity
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £5.958 million to £5.6 million, driven by a reduction in income and expenditure compared to the prior year. The charity maintains free reserves of £1,032,000, which exceeds its stated reserve requirement of £553,000. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (17/07/2026)
- Received assets from another charity (10/09/2025)
- Received assets from another charity (28/02/2024)
- Received assets from another charity (14/04/2023)
- Received assets from another charity (05/11/2017)
Trustees
- SALFORD ROYAL NHS FOUNDATION TRUST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £894k |
| 31/03/2024 | £2.4m | £2.3m |
| 31/03/2023 | £1.8m | £3.9m |
| 31/03/2022 | £2.9m | £582k |
| 31/03/2021 | £718k | £2.1m |
Common questions
Is Northcare Charity financially healthy?
The accounts state that total funds decreased from £5.958 million to £5.6 million, driven by a reduction in income and expenditure compared to the prior year. The charity maintains free reserves of £1,032,000, which exceeds its stated reserve requirement of £553,000. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Forvis Mazars LLP.