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NEW PATHWAYS FAMILY FRIENDLY THERAPEUTIC CENTRE OF EXCELLENCE

Registered charity 1126120 · accounts filings on the Charity Commission register

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Latest income
£4.8m
Latest spending
£4.3m
Registered
2008
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a net surplus of £35,075 for the group and £38,283 for the charity alone, maintaining a strong balance sheet with net assets of £3,503,147. Per the trustees' report, free reserves were £884,606, which meets the stated policy target of supporting operations for a six-month period. The charity continues to operate within an environment of limited resources but remains committed to generating a continuing surplus to meet future obligations.

What the accounts disclose

Reserves policy: six months of unrestricted expenditure (held: £885k)
“The Trustees have considered the sum of the risks outlined and believe that it is appropriate to maintain free reserves at a level that would support our operations for a sixmonth period.” — page 24
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Baker Knoyle Audit Limited. Discloses 4 of 6 completeness components.

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

Total income
£4.8m
Total spending
£4.3m
Cost of raising funds
£23k
Reserves (reported)
£1.8m
Employees
122

Reported reserves equal ~4.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£4.8m£4.3m
31/03/2024£4.1m£3.8m
31/03/2023£3.5m£3.5m
31/03/2022£3.5m£3.0m
31/03/2021£3.2m£2.8m

Common questions

Is NEW PATHWAYS FAMILY FRIENDLY THERAPEUTIC CENTRE OF EXCELLENCE financially healthy?

The accounts state that the charity generated a net surplus of £35,075 for the group and £38,283 for the charity alone, maintaining a strong balance sheet with net assets of £3,503,147. Per the trustees' report, free reserves were £884,606, which meets the stated policy target of supporting operations for a six-month period. The charity continues to operate within an environment of limited resources but remains committed to generating a continuing surplus to meet future obligations. Its FY2023 accounts were audited by Baker Knoyle Audit Limited.