SOUTH LEEDS ALTERNATIVE TRADING ENTERPRISE LIMITED
The aim of SLATE is to run charity activities in inner city south Leeds for the social, environmental and economic benefit of the people of the area and of providing work opportunities for people with learning disabilities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £24,270 for the year ended 31 March 2025, resulting in a decrease in total funds from £597,854 to £573,584. The trustees report that free reserves of £551,190 currently exceed the upper limit of their stated policy target of £382,000, attributing this surplus to year-on-year gains from earned income and Gift Aid. The trustees consider these higher reserves prudent for sustainability amid economic uncertainty.
What the accounts disclose
“The trustees aim to maintain sufficient reserve funds to cover between 3 and 6 months operating expenditure. This would equate to approximately £191k to £382k” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alison Giff
- Alison Jane Ward
- Ed Carlisle
- JUDE MCCARTHY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £756k | £780k |
| 31/03/2024 | £844k | £765k |
| 31/03/2023 | £772k | £683k |
| 31/03/2022 | £667k | £620k |
| 31/03/2021 | £721k | £539k |
Common questions
Is SOUTH LEEDS ALTERNATIVE TRADING ENTERPRISE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £24,270 for the year ended 31 March 2025, resulting in a decrease in total funds from £597,854 to £573,584. The trustees report that free reserves of £551,190 currently exceed the upper limit of their stated policy target of £382,000, attributing this surplus to year-on-year gains from earned income and Gift Aid. The trustees consider these higher reserves prudent for sustainability amid economic uncertainty. Its FY2025 accounts were independently examined.