KALEIDOSCOPE PROJECT
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £715,591 for the year ended 31 March 2025, resulting in a decrease in total funds to £8,815,447. The trustees consider the current level of reserves, which includes considerable cash balances, to be appropriate and considerably above the minimum policy requirement of three months' turnover. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The minimum reserves requirement equates to 3 months' turnover of which 1 month is required to be in cash.” — page 6
“The subsidiary is Arch initiative, Company number 02812012, charity number 1024945. Their results for 31 March 2025 were turnover of £64,504, expenditure of £30,998 giving a net result for this year of £33,506 surplus.” — page 18
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Birchwood @ Kaleidoscope House: Good
Trustees
- Dr Ann Marie Procterchair
- Alison Lewis
- Catherine Marie Pepinster
- Julian Mark Quentin Knight
- Kasim Ali
- Kirsty Anne Myfanwy Davies-Warner
- Mark Alan Tudor
- Prof Eldon Michael Waldo Maguire
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £19.5m | £20.2m |
| 31/03/2024 | £18.7m | £18.0m |
| 31/03/2023 | £12.7m | £12.6m |
| 31/03/2022 | £11.0m | £10.6m |
| 31/03/2021 | £10.2m | £10.1m |
Common questions
Is KALEIDOSCOPE PROJECT financially healthy?
The accounts state that the charity reported a net deficit of £715,591 for the year ended 31 March 2025, resulting in a decrease in total funds to £8,815,447. The trustees consider the current level of reserves, which includes considerable cash balances, to be appropriate and considerably above the minimum policy requirement of three months' turnover. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Advantage Accountancy & Advisory Ltd.