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1ST PLACE CHILDREN AND PARENTS' CENTRE LTD

Registered charity 1120124 · accounts filings on the Charity Commission register

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Latest income
£3.5m
Latest spending
£3.7m
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure deficit of £179,365 for the year ended 31 March 2025, a reduction from the previous year's deficit of £339,642. Per the trustees' report, unrestricted reserves decreased from £742,415 to £615,137, while the charity maintains a reserves policy target of approximately three months' operating costs (£616,000).

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“One employee earned between £60,000 and £69,999 during the year” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee earned between £60,000 and £69,999 during the year (2024: 1). No other employees earned over £60,000 in the year.” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The aim of the 1st Place Reserves policy is to maintain total free general reserves at a level which is no less than approximately three month's operating costs – 24/25 £616k.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.5m
Total spending
£3.7m
Reserves (reported)
£615k
Employees
135

Reported reserves equal ~2.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Southwark

Income and spending

Financial year endIncomeSpending
31/03/2025£3.5m£3.7m
31/03/2024£3.2m£3.5m
31/03/2023£3.1m£3.2m
31/03/2022£3.0m£2.8m
31/03/2021£2.7m£2.5m

Common questions

Is 1ST PLACE CHILDREN AND PARENTS' CENTRE LTD financially healthy?

The accounts state that the charity reported a net expenditure deficit of £179,365 for the year ended 31 March 2025, a reduction from the previous year's deficit of £339,642. Per the trustees' report, unrestricted reserves decreased from £742,415 to £615,137, while the charity maintains a reserves policy target of approximately three months' operating costs (£616,000). Its FY2025 accounts were audited by Sayer Vincent LLP.

What does the highest-paid employee of 1ST PLACE CHILDREN AND PARENTS' CENTRE LTD earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.