THE PONTESBURY PROJECT FOR PEOPLE WITH SPECIAL NEEDS
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £162,374 for the year ended 31 March 2024, following a deficit in the previous year. Per the trustees' report, unrestricted reserves stood at £1,258,950, which the trustees consider reasonable given sector uncertainties and recruitment difficulties, despite being higher than their stated policy target of 12 weeks' running costs.
What the accounts disclose
“The Pontesbury Project for People with Special Needs also provides administration services, use of a vehicle and maintenance charges for The Pontesbury Housing Trust. During the year £30,312 was paid to The Pontesbury Project for People with Special Needs for these services (2023 - £33,400).” — page 24
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.6m | £2.5m |
| 31/03/2024 | £2.5m | £2.4m |
| 31/03/2023 | £2.4m | £2.5m |
| 31/03/2022 | £2.4m | £2.4m |
| 31/03/2021 | £2.9m | £2.8m |
Common questions
Is THE PONTESBURY PROJECT FOR PEOPLE WITH SPECIAL NEEDS financially healthy?
The accounts state that the charity reported a surplus of £162,374 for the year ended 31 March 2024, following a deficit in the previous year. Per the trustees' report, unrestricted reserves stood at £1,258,950, which the trustees consider reasonable given sector uncertainties and recruitment difficulties, despite being higher than their stated policy target of 12 weeks' running costs. Its FY2024 accounts were audited by James Holyoak & Parker Limited.