SERVICE SIX
Financial health, per its FY2025 accounts
The accounts state that total income increased by 1.3% to £1,682,557, while charitable expenditure grew by 5.4% to £1,616,927, resulting in a reduced surplus of £65,630. Per the trustees' report, free reserves stood at £938,190, representing approximately ten months of operating costs, which is above the stated policy target of six months. The charity maintains a strong liquidity position with unrestricted general funds of £775,926 and no disclosed pension deficits or trading subsidiaries.
What the accounts disclose
“It is the charity’s policy to maintain reserves equivalent to six months of core running costs.” — page 28
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- David Walkerchair
- Alexandra Butt
- Christopher Hill
- George Hook
- Kirsti Edmead
- Luke Bowers
- Tonya Kingham
- Tracey Walton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.6m |
| 31/03/2024 | £1.7m | £1.5m |
| 31/03/2023 | £1.6m | £1.5m |
| 31/03/2022 | £1.3m | £1.2m |
| 31/03/2021 | £826k | £789k |
Common questions
Is SERVICE SIX financially healthy?
The accounts state that total income increased by 1.3% to £1,682,557, while charitable expenditure grew by 5.4% to £1,616,927, resulting in a reduced surplus of £65,630. Per the trustees' report, free reserves stood at £938,190, representing approximately ten months of operating costs, which is above the stated policy target of six months. The charity maintains a strong liquidity position with unrestricted general funds of £775,926 and no disclosed pension deficits or trading subsidiaries. Its FY2025 accounts were audited by Shaw Gibbs (Audit) Limited.