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.
Objects
A PUBLIC PARK OR PLEASURE GROUNDS(1) THE LAND SPECIFIED IN PART 1 OF THE SCHEDULE TO THIS SCHEME MAY BE HELD BY THE TRUSTEE FOR THE PURPOSE OF PROMOTING THE BENEFIT OF THE INHABITANTS OF SHEFFIELD WITHOUT DISTINCTION OF SEX OR OF POLITICAL, RELIGIOUS OR OTHER OPINION BY ASSOCIATING THE LOCAL AUTHORITIES, VOLUNTARY ORGANISATIONS AND INHABITANTS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATIONAL AND LEISURE-TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS.(2) IF THE SAID LAND CEASES TO BE USED FOR A PERIOD OF 12 MONTHS OR MORE FOR THE PURPOSES SPECIFIED IN SUB-CLAUSE (1) OF THIS CLAUSE, THE TRUSTEE MUST HOLD IT FOR THE PURPOSES SET OUT IN THE GOVERNING DOCUMENT.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
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 | £162k |
| THE SYNCONA FOUNDATION | 1 | £77k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £38k |
| 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 |