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PARK LODGE PROJECT

Registered charity 1086450 · accounts filings on the Charity Commission register

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Latest income
£2.4m
Latest spending
£2.3m
Registered
2001
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity achieved a net surplus of £115,872 for the year ended 31 March 2023, with total funds increasing to £1,102,368. The trustees report that reserves have been depleted by property refurbishment but aim to build cash reserves to equate to three months of average running costs. The auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.

What the accounts disclose

Reserves policy: three months average running costs (held: £1.1m)
“The Trustees have prioritised the need to build up cash reserves to equate to 3 months average running costs of the Project”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Celerica Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.4m
Total spending
£2.3m
Reserves (reported)
£765k
Employees
60

Reported reserves equal ~4.1 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Leicester City

Income and spending

Financial year endIncomeSpending
31/03/2025£2.4m£2.3m
31/03/2024£1.8m£1.7m
31/03/2023£1.5m£1.3m
31/03/2022£1.1m£1.0m
31/03/2021£887k£892k

Common questions

Is PARK LODGE PROJECT financially healthy?

The accounts state that the charity achieved a net surplus of £115,872 for the year ended 31 March 2023, with total funds increasing to £1,102,368. The trustees report that reserves have been depleted by property refurbishment but aim to build cash reserves to equate to three months of average running costs. The auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2023 accounts were audited by Celerica Limited.