FATHER'S PLACE
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net surplus of £21,395 for the year ended 31 March 2024, with total income of £276,476 against total expenditure of £255,081. Unrestricted reserves at year-end were £358,074, which the directors note is above their stated policy target of approximately £30,000 (equating to three months of unrestricted expenditure). The independent examiner reported no matters coming to their attention that would indicate non-compliance with accounting standards or the need for further disclosure.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted cash assets at a level which equates to three months unrestricted expenditure. For the Community Church this is approximately £30,000.” — page 5
“Mrs S Izzard, the spouse of a director, received remuneration of £18,318 (2023 - £17,740) in her role as office administrator.” — page 16
Register events
- Received assets from another charity (26/05/2022)
Trustees
- Garan York
- IOLO THOMAS
- PAUL SPENCER IZZARD
- PHILIP HUGH ARTON
- Susan Ann Black
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £286k | £257k |
| 31/03/2024 | £276k | £255k |
| 31/03/2023 | £245k | £211k |
| 31/03/2022 | £228k | £194k |
| 31/03/2021 | £288k | £203k |
Common questions
Is FATHER'S PLACE financially healthy?
The accounts state that the charity generated a net surplus of £21,395 for the year ended 31 March 2024, with total income of £276,476 against total expenditure of £255,081. Unrestricted reserves at year-end were £358,074, which the directors note is above their stated policy target of approximately £30,000 (equating to three months of unrestricted expenditure). The independent examiner reported no matters coming to their attention that would indicate non-compliance with accounting standards or the need for further disclosure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Wokingham United Charities | 1 | £1k |