DISABILITY DIRECT
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £796,079 exceed the charity's stated policy target of one month of core operating costs (£260,000), though they fall short of the trustees' ambition for three months (£780,000). The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. The trustees identified financial sustainability as the major risk but predicted a fiscally stable period ahead.
What the accounts disclose
“According to the free reserves policy the charity is required to hold one month of core operating costs which currently equates to £260,000. Our ambition is to have three months running costs within reserves which is approximately £780,000” — page 6
“The charity has two wholly controlled subsidiary companies, The Disability Syndicate Limited and Nimbus: The Disability Consultancy Service Limited. The trading subsidiary companies donate surpluses directly to Disability Direct.” — page 9
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (10/04/2012)
Trustees
- Robin Woodchair
- Amin Saquib
- Dominic Rees-Jones
- Dr Adarsh Batra
- Melanie Elliot
- Peter Cade
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.2m | £3.9m |
| 31/03/2024 | £3.3m | £3.1m |
| 31/03/2023 | £2.4m | £2.0m |
| 31/03/2022 | £1.5m | £1.4m |
| 31/03/2021 | £1.6m | £1.4m |
Common questions
Is DISABILITY DIRECT financially healthy?
The accounts state that unrestricted reserves of £796,079 exceed the charity's stated policy target of one month of core operating costs (£260,000), though they fall short of the trustees' ambition for three months (£780,000). The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. The trustees identified financial sustainability as the major risk but predicted a fiscally stable period ahead. Its FY2024 accounts were audited by Azets Audit Services.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 23/03/2022 | £87k | "Disability Direct: The Story of the User-Led power in Derby" |