INVICTA PARK PRE-SCHOOL PLAYGROUP
Financial health, per its FY2023 accounts
The accounts state that the charity operated at a deficit of £5,184 for the year ended 31 March 2023, reducing unrestricted reserves from £9,447 to £4,263. The trustees' report indicates a reserves policy aimed at holding sufficient funds to sustain the charity or cover staff redundancies in the event of closure. Per the financial statements, total incoming resources were £114,602 against total resources expended of £119,786.
What the accounts disclose
“Reserves Policy: The aim of our policy is to hold sufficient reserves to sustain the charity should our income fall below expected levels. Our intention would be to continue functioning if at all possible, but in the event of closure we would need sufficient funds to cover staff redundancies.” — page 4
Trustees
- Andrew Little
- Emma-Loueze Buckingham
- Julia Fuller
- Peter William Manners
- Rachel Rogers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £152k | £141k |
| 31/03/2024 | £117k | £118k |
| 31/03/2023 | £120k | £119k |
| 31/03/2022 | £109k | £115k |
| 31/03/2021 | £97k | £92k |
Common questions
Is INVICTA PARK PRE-SCHOOL PLAYGROUP financially healthy?
The accounts state that the charity operated at a deficit of £5,184 for the year ended 31 March 2023, reducing unrestricted reserves from £9,447 to £4,263. The trustees' report indicates a reserves policy aimed at holding sufficient funds to sustain the charity or cover staff redundancies in the event of closure. Per the financial statements, total incoming resources were £114,602 against total resources expended of £119,786. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KEREN ASSOCIATION LIMITED | 1 | £836k |