PARKS OPTIONS LIMITED
Provides Education, training and development to the local community
Objects
THE PROMOTION FOR THE PUBLIC BENEFIT OF URBAN REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION ( AND IN PARTICULAR IN THE AREA OF MERSEYSIDE) BY NUMEROUS MEANS (SEE MEMORANDUM FOR FULL INFORMATION)
Financial health, per its FY2025 accounts
The accounts state that the charity reported a negative net movement in funds of £5,066 for the year ended 31 March 2025, compared to a deficit of £124,132 in the prior year. Total unrestricted funds stood at £2,532,257, which the trustees confirm exceeds their stated reserves policy target of approximately £229,000 (representing three months of estimated costs). The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level whereby expenditure in the region of 3 months' estimated costs will be covered.” — page 12
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/03/2025)
Trustees
- RICHARD KEENANchair
- Kenneth Newbold
- MR STEVE MCELROY
- Michael James Edwards
- PHILIP MOORE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/03/2025 | £881k | £886k |
| 30/03/2024 | £796k | £920k |
| 30/03/2023 | £938k | £1.0m |
| 30/03/2022 | £900k | £907k |
| 30/03/2021 | £804k | £786k |
Common questions
Is PARKS OPTIONS LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a negative net movement in funds of £5,066 for the year ended 31 March 2025, compared to a deficit of £124,132 in the prior year. Total unrestricted funds stood at £2,532,257, which the trustees confirm exceeds their stated reserves policy target of approximately £229,000 (representing three months of estimated costs). The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Alexander Myerson & Co Limited.