FIRTH PARK
Firth Heritage is a city park and is a the heart of the local community and is well used. It has an active friends group who meet on a six weekly cycle to organise community based activities and events within the park.
Financial health, per its FY2025 accounts
The accounts state that annual revenue expenditure exceeds income, with the resulting variance funded by grants from Sheffield City Council. The charity holds total funds of £2,826,362, the majority of which (£2,657,419) is tied up in fixed assets, leaving limited liquid reserves. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“As the charity is managed and funded by the Council no specific charity reserves are deemed to be necessary other than designated funds which have been earmarked for future expenditure.” — page 5
“The amount of funding provided by Sheffield City Council during the year is £202,805 (23/24: £270,244). At the year end £63,490 was owed by Sheffield City Council (23/24 £63,038).” — page 21
“The charity has a very close relationship with Sheffield City Council who is the sole trustee and provides the balance of funding not provided elsewhere on an annual basis, to enable the charity to carry out its charitable objectives.” — page 21
“The amount of funding provided by Sheffield City Council during the year is £202,805 (23/24: £270,244). At the year end £63,490 was owed by Sheffield City Council (23/24 £63,038).” — page 21
“The charity has a very close relationship with Sheffield City Council who is the sole trustee and provides the balance of funding not provided elsewhere on an annual basis, to enable the charity to carry out its charitable objectives.” — page 21
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £287k | £335k |
| 31/03/2024 | £325k | £360k |
| 31/03/2023 | £301k | £345k |
| 31/03/2022 | £267k | £342k |
| 31/03/2021 | £231k | £306k |
Common questions
Is FIRTH PARK financially healthy?
Per its FY2025 accounts: The accounts state that annual revenue expenditure exceeds income, with the resulting variance funded by grants from Sheffield City Council. The charity holds total funds of £2,826,362, the majority of which (£2,657,419) is tied up in fixed assets, leaving limited liquid reserves. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WESTMINSTER FOUNDATION | 1 | £106k |
| THE SYNCONA FOUNDATION | 1 | £77k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £25k |
| The Caledonia Investments Charitable Foundation | 1 | £10k |
| WATES FAMILY ENTERPRISE TRUST | 1 | £7k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £250 |
Charities like this
- WESTON PARK TRUST
- HILLSBOROUGH PARK
- ENDCLIFFE PARK
- NORFOLK PARK
- SEFTON PARK PALM HOUSE PRESERVATION TRUST
- FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FIRTH PARK | £287k | — | 0 | unclear | — | no doubt |
| WESTON PARK TRUST | £142k | — | 0 | unclear | — | no doubt |
| HILLSBOROUGH PARK | £687k | — | 0 | unclear | — | no doubt |
| ENDCLIFFE PARK | £219k | — | 0 | unclear | — | no doubt |
| NORFOLK PARK | £344k | — | 0 | unclear | — | no doubt |
| SEFTON PARK PALM HOUSE PRESERVATION TRUST | £981k | £60,001 - £70,000 | 1 | unclear | — | no doubt |