POSSABILITY PEOPLE LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a modest surplus of £3,623 for the year ended 31 March 2025, with total incoming resources of £1,515,447 and expenditure of £1,511,824. Per the trustees' report, free reserves stood at £218,896, providing cover for 2.2 months of unrestricted expenditure, which the Board considered adequate despite a stated policy target of three months. The charity operates a wholly owned trading subsidiary and faces ongoing financial pressures from rising costs and statutory funding uncertainty.
What the accounts disclose
“1 individual's emoluments were greater than £60,000”
“1 individual's emoluments were greater than £60,000”
“Possability People’s reserves policy is to maintain a minimum of two months’ operating expenditure with the aim of achieving at least three months of unrestricted funding as reserves.”
“Possability People has a wholly owned non-charitable subsidiary, Possability People Trading Limited”
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- At Home: Good
Trustees
- Maddy Hampchair
- Benjamin William Bhatty-Garcia
- David Richtor
- Judith Frances Taylor
- Nita Datta
- Przemyslaw Szymanski
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.5m |
| 31/03/2024 | £1.6m | £1.6m |
| 31/03/2023 | £1.6m | £1.7m |
| 31/03/2022 | £1.6m | £1.6m |
| 31/03/2021 | £1.5m | £1.4m |
Common questions
Is POSSABILITY PEOPLE LIMITED financially healthy?
The accounts state that the charity reported a modest surplus of £3,623 for the year ended 31 March 2025, with total incoming resources of £1,515,447 and expenditure of £1,511,824. Per the trustees' report, free reserves stood at £218,896, providing cover for 2.2 months of unrestricted expenditure, which the Board considered adequate despite a stated policy target of three months. The charity operates a wholly owned trading subsidiary and faces ongoing financial pressures from rising costs and statutory funding uncertainty. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.
What does the highest-paid employee of POSSABILITY PEOPLE LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the Greater than £60,000 band, and 1 employees earned over £60,000.