THE SPINAL UNIT ACTION GROUP
Support patients and former patients of the Southport Regional Spinal Injuries Centre by provision of grants or equipment and to provide a hostel care facility at 6 Weld Road Southport
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a net expenditure of £41,964 for the year, exacerbated by the loss of a major source of grant funding. Despite this deficit, the trustees confirm the charity remains on a sound financial basis with unrestricted reserves of £751,703, which equates to approximately 18 months' running costs. The portfolio of investments decreased in value due to difficult financial markets, but occupancy levels at the residential home remained good.
What the accounts disclose
“It is the policy of the company to maintain unrestricted funds at a fevel which equates to a minimum of one years running costs for 6 Weld Road.” — page 3
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| MERSEY AND WEST LANCASHIRE TEACHING HOSPITALS NHS TRUST | Integrated Community Care Service providing Step Down Beds to Patients with Spinal Cord Injuries | — | — |
| NHS CHESHIRE AND MERSEYSIDE INTEGRATED CARE BOARD | Continuing Health Service in Cheshire & Merseyside | — | — |
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- The Spinal Unit Action Group: Requires improvement
Trustees
- ANITA HENDERSON
- Ian James Lovelady
- Julie Cheasman Jones
- MARGARET RUTH MAULE
- MICHAEL ALBERT WREN
- Nicola Ivanovic
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £723k | £758k |
| 31/03/2024 | £724k | £743k |
| 31/03/2023 | £578k | £602k |
| 31/03/2022 | £539k | £558k |
| 31/03/2021 | £524k | £509k |
Common questions
Is THE SPINAL UNIT ACTION GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a net expenditure of £41,964 for the year, exacerbated by the loss of a major source of grant funding. Despite this deficit, the trustees confirm the charity remains on a sound financial basis with unrestricted reserves of £751,703, which equates to approximately 18 months' running costs. The portfolio of investments decreased in value due to difficult financial markets, but occupancy levels at the residential home remained good. Its FY2025 accounts were independently examined.
Who funds THE SPINAL UNIT ACTION GROUP?
Funders whose own accounts filings name THE SPINAL UNIT ACTION GROUP as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF AINSDALE ST JOHN.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF AINSDALE ST JOHN | FY2024 | — |