Via Residential Ltd
Latest income
£1.9m
Latest spending
£2.1m
Registered
1996
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £199,844 for the year, resulting in a deficit in unrestricted funds of £1.74m. The trustees note that the charity is reliant on ongoing financial support from its parent company, Via Community Ltd, to meet cashflow requirements and maintain operations.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“At 31 March 2025, the Charity’s accumulated fund balance of unrestricted funds was a deficit of £1.74m (2024: £1.55m deficit). The Trustees and management are working towards achieving the Reserves Policy.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Charity has net current liabilities and is reliant on the support of its parent company, Via. Via has indicated that it has the financial capability and the intention to continue supporting the Charity to the extent that it will remain a going concern for the foreseeable future.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.9m
Total spending
£2.1m
Reserves (reported)
£0
Employees
21
Care Quality Commission ratings
- Passmores House: Good
Trustees
- Charles Waddicorchair
- Mike Walsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.9m | £2.1m |
| 31/03/2024 | £1.7m | £2.0m |
| 31/03/2023 | £1.4m | £1.8m |
| 31/03/2022 | £1.3m | £1.5m |
| 31/03/2021 | £705k | £973k |
Common questions
Is Via Residential Ltd financially healthy?
The accounts state that the charity reported a net expenditure of £199,844 for the year, resulting in a deficit in unrestricted funds of £1.74m. The trustees note that the charity is reliant on ongoing financial support from its parent company, Via Community Ltd, to meet cashflow requirements and maintain operations. Its FY2025 accounts were audited by Crowe U.K. LLP.