LD:NORTHEAST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £41,970 for the year ended 31 March 2025, with total incoming resources of £1,405,271. Per the trustees' report, free reserves amounted to £239,623, which the trustees justify as being above their minimum target of around £200k to meet working capital and unexpected expenditure needs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Consequently, after assessing the areas of risk, the trustees are able to justify holding reserves at a minimum of around £200k.” — page 8
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Brenda Mary Boyd
- Christina Richardson
- Emma Jean Wemyss
- Janine Finnie
- Jeffrey Dinning
- William Paton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.4m |
| 31/03/2024 | £1.3m | £1.3m |
| 31/03/2023 | £1.2m | £1.3m |
| 31/03/2022 | £1.1m | £1.1m |
| 31/03/2021 | £1.0m | £956k |
Common questions
Is LD:NORTHEAST financially healthy?
The accounts state that the charity reported a net income surplus of £41,970 for the year ended 31 March 2025, with total incoming resources of £1,405,271. Per the trustees' report, free reserves amounted to £239,623, which the trustees justify as being above their minimum target of around £200k to meet working capital and unexpected expenditure needs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by BK Plus Audit Limited.