THE TEAMWORK TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £111,503 for the year ended 31 March 2025, following deficits in the previous two years. Total funds increased to £977,617, comprising unrestricted reserves of £189,755, designated reserves of £510,000, and restricted funds of £337,862. The trustees report adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1” — page 26
“Designated reserves total £510k which leaves a remaining unrestricted reserves figure of £190k. Trustees expect to use a proportion of these unrestricted reserves in future financial years to fund a number of projects contributing towards achieving the charity's strategic goals.” — page 9
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ceri Rhys Davies Mrchair
- Bianca Saori Kawanami Stringuini
- David Owens
- Joanne Helen Fitzroy-Ezzy
- Margaret Frances Long
- Shirley Jayne Kralj
- Stephen Melvin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.1m |
| 31/03/2024 | £1.1m | £1.2m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £1.1m | £1.3m |
| 31/03/2021 | £1.3m | £1.2m |
Common questions
Is THE TEAMWORK TRUST financially healthy?
The accounts state that the charity achieved a surplus of £111,503 for the year ended 31 March 2025, following deficits in the previous two years. Total funds increased to £977,617, comprising unrestricted reserves of £189,755, designated reserves of £510,000, and restricted funds of £337,862. The trustees report adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Phipps Henson McAllister.