PARKS OPTIONS LIMITED

Registered charity 1078076 · accounts filings on the Charity Commission register · also known as JOB BANK

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)

Area of benefit: IN PARTICULAR (BUT NOT RESTRICTED TO) MERSEYSIDE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£881k
Latest spending
£886k
Registered
1999
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of estimated costs (held: £2.5m)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Alexander Myerson & Co Limited. Discloses 5 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 30/03/2025)

Total income
£881k
Total spending
£886k
Cost of raising funds
£602k
Reserves (reported)
£229k
Employees
30

Reported reserves equal ~3.1 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (80% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 68.3% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Liverpool City

Income and spending

Financial year endIncomeSpending
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.