AWARD SOLUTIONS LTD

Registered charity 1147053 · accounts filings on the Charity Commission register · also known as AWARD SOLUTIONS

We provide accredited activities to young people who may not otherwise be able to acccess them. Enabling young people to gain benefit socially, economically and personally.

Causes: General Charitable Purposes · Education/training · Recreation · website · Get email alerts

Latest income
£78k
Latest spending
£90k
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure deficit of £11,902 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves from £22,224 to £10,322. The trustees' report notes that unrestricted reserves are currently below the stated policy target of six months' expenditure, and working capital was supported by an open loan from a trustee. Despite the deficit, the balance sheet shows positive net current assets of £13,822, and the independent examiner confirmed no material matters were identified during the examination.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: at least 6 months' expenditure (held: £10k)
The reserves policy is to hold unrestricted reserves equal to at least at least 6 months' expenditure. — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Register events

Trustees · trustee networks

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

Operates in: Cumbria · Knowsley · Lancashire · Liverpool City · Manchester City · Sefton · St Helens · Wirral

Income and spending

Financial year endIncomeSpending
31/12/2024£78k£90k
31/12/2023£89k£97k
31/12/2022£70k£77k
31/12/2021£57k£28k
31/12/2020£45k£30k

Common questions

Is AWARD SOLUTIONS LTD financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure deficit of £11,902 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves from £22,224 to £10,322. The trustees' report notes that unrestricted reserves are currently below the stated policy target of six months' expenditure, and working capital was supported by an open loan from a trustee. Despite the deficit, the balance sheet shows positive net current assets of £13,822, and the independent examiner confirmed no material matters were identified during the examination. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Sport England11/06/2020£4kCOVID-19 CEF