IMAGINE ACT AND SUCCEED
Financial health, per its FY2025 accounts
The accounts state that the charity ended the financial year with a surplus of £10,665 and total unrestricted reserves of £4,322,922. Per the trustees' report, the charity holds free reserves of £3,876,201, which it estimates meets its policy target of six months' operating costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“our reserves policy is to ensure we have reserves of six months or over. We estimate that we are now at this figure.”
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Wharfdale Extra Care Scheme: Good
- Imagine Act and Succeed: Not Rated
- IAS 71-73 Church St: Good
- Imagine Act And Succeed - 110 Chapel Street: Good
- Elmridge Court Extra Care Scheme: Good
Trustees
- Beverley Latham
- Martin Routledge
- PAUL CASSIDY
- PETER ROWLINSON
- STEVE HOWARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £12.1m | £12.0m |
| 31/03/2024 | £11.7m | £11.7m |
| 31/03/2023 | £10.2m | £10.4m |
| 31/03/2022 | £11.3m | £10.6m |
| 31/03/2021 | £11.3m | £10.8m |
Common questions
Is IMAGINE ACT AND SUCCEED financially healthy?
The accounts state that the charity ended the financial year with a surplus of £10,665 and total unrestricted reserves of £4,322,922. Per the trustees' report, the charity holds free reserves of £3,876,201, which it estimates meets its policy target of six months' operating costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by MHA.