HALIFAX OPPORTUNITIES TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net operating expenditure of £93,289 before pension movements, resulting in a total net income of £1,404,711 due to a significant actuarial gain on its defined benefit pension scheme. The trustees confirm the charity can continue as a going concern, supported by secured income and unrestricted reserves of £260,126. The charity holds a small defined benefit pension deficit of £87,000, which is significantly reduced from the previous year's position.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (28/07/2025)
Trustees
- Andrew Edmund Leslie Hawley
- Aqib Hamid
- Dr Leigh Burrows
- Gill Rhodes
- Helen Laura Hunter
- Jon Craven
- SABIR HUSSAIN
- Simon Geoffrey Fox
- Tim Male
- Zohaib Ahmed Ali
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.0m | £4.9m |
| 31/03/2024 | £4.7m | £4.6m |
| 31/03/2023 | £4.6m | £4.7m |
| 31/03/2022 | £4.4m | £4.5m |
| 31/03/2021 | £4.2m | £4.4m |
Common questions
Is HALIFAX OPPORTUNITIES TRUST financially healthy?
The accounts state that the charity reported a net operating expenditure of £93,289 before pension movements, resulting in a total net income of £1,404,711 due to a significant actuarial gain on its defined benefit pension scheme. The trustees confirm the charity can continue as a going concern, supported by secured income and unrestricted reserves of £260,126. The charity holds a small defined benefit pension deficit of £87,000, which is significantly reduced from the previous year's position. Its FY2023 accounts were audited by BK Plus Audit Ltd.