CARERS TRUST MID YORKSHIRE
Financial health, per its FY2023 accounts
The accounts state that total funds decreased by £52,158 to £881,540, driven by a net expenditure on charitable activities and a loss on investments. The trustees consider the charity to be in an excellent position to continue delivering services, citing strong local authority support and a cash position that allows unrestricted reserves to remain within the stated policy target of three to six months' expenditure.
What the accounts disclose
“It is the policy of CTMY that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months' of total unrestricted expenditure.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Carers Trust Mid Yorkshire: Good
Register events
- Received assets from another charity (09/01/2014)
Trustees
- Stephen Edwardschair
- Ovidiu Staicu
- Peter Lyster
- Rachel Livermore
- Thomas Stockdale Carter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.3m | £2.2m |
| 31/03/2024 | £2.1m | £2.3m |
| 31/03/2023 | £2.1m | £2.1m |
| 31/03/2022 | £2.2m | £2.0m |
| 31/03/2021 | £1.9m | £1.8m |
Common questions
Is CARERS TRUST MID YORKSHIRE financially healthy?
The accounts state that total funds decreased by £52,158 to £881,540, driven by a net expenditure on charitable activities and a loss on investments. The trustees consider the charity to be in an excellent position to continue delivering services, citing strong local authority support and a cash position that allows unrestricted reserves to remain within the stated policy target of three to six months' expenditure. Its FY2023 accounts were audited by BK Plus Audit Ltd.